Some states move to pick up the tab as Obamacare subsidies lapse

At least a dozen states are scrambling to limit health insurance premium hikes after Congress failed to renew enhanced Obamacare subsidies, leaving millions of Americans facing higher healthcare costs.

States including California, Colorado, Maryland and New Mexico have approved or are considering temporary measures to help some residents afford coverage, but some officials across the country said the cost of replacing federal subsidies for millions of enrollees is beyond the reach of state budgets, according to Politico.