Trump plan for Obamacare subsidies on hold
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Officials from several U.S. states say Americans relying on subsidies to afford Obamacare health insurance are holding off on enrolling as they face 2026 premium hikes that could more than double, with one state seeing enrollment drag by as much as 33%.
President Donald Trump and Republicans want to send money directly to consumers instead of Obamacare health insurance companies.
Enhanced Obamacare subsidies expire at year's end, potentially raising health insurance costs for millions of Americans with ACA coverage.
Avik Roy believes sending Obamacare subsidies to Health Savings Accounts (HSAs) instead of insurance companies won't solve high healthcare costs without broader reforms.
Over the next few weeks, millions of Americans will shop for health insurance online. Many will find comprehensive plans through Affordable Care Act marketplaces like HealthCare.gov. Others will be steered elsewhere — toward insurance products that sound great but don’t provide much coverage.
Premiums for millions of Americans in red and blue states are expected to more than double on average next year unless Congress finds a solution.
No other state has a greater percentage of people — about 4.6 million Floridians or 25% of those under 65 — getting their health care insurance through the 2010 Affordable Care Act.
Premiums for “Obamacare” plans will spike next year if Congress doesn’t act. Health Savings Accounts could be a fix.