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Wyoming just took the step to require hospitals to publicly post their prices for services. Colorado has had that requirement since 2021, and now a nonprofit is trying to help consumers make better sense of the data.
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The two companies offering plans in Wyoming are asking to increase monthly premium rates by 9 to 25%.
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The hospital is exploring a transition to critical access status, which would change the way it’s reimbursed for care.
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Congress let enhanced premium subsidies for Affordable Care Act marketplace plans expire at the end of the year. The subsidy had attracted a steady increase of signups in Wyoming for years.
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Premiums in Mountain West states among the highest
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With weeks until an end-of-year deadline, Congress lets premium lifelines slip by.
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Tax credits that helped people earning up to 400% of federal poverty guidelines are expiring. Some 20,000 Wyomingites could be left in the lurch.
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Western states will see the highest increases in health care costs
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Workers navigate potential triple-digit price hikes and diminishing options.
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Multiple actions taken at the state and federal levels are hurting the already fragile financial system of these health care providers, including what has been at the heart of the federal government shutdown. However, all in the industry are eyeing a new bucket of federal money that they hope will help hospitals emerge from these dire financial straits.