June 15, 2026 / 5:00 AM EDT

/ KFF Health News

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Sugar Grove, North Carolina — Year after year, Ross and Rebecca Tobiassen saw their healthcare costs rise, having relied on the Affordable Care Act for federally subsidized health insurance since its start in 2014. Year after year, the couple in western North Carolina kept their coverage, believing the peace of mind was worth the cost. But in December, that changed. The Tobiassens decided to cancel their insurance when Rebecca saw the cost of their monthly premiums would jump from $130 to more than $550. "It makes no sense," she said. "It's not worth it anymore."

Rebecca and Ross Tobiassen canceled their Affordable Care Act insurance last year when it became too expensive.