Trump's Second Term: Health Care Uncertainty Looms

1 min read
Source: NBC News
Trump's Second Term: Health Care Uncertainty Looms
Photo: NBC News
TL;DR Summary

Millions of Americans risk losing health insurance subsidies following Donald Trump's election victory, as the subsidies from the 2021 American Rescue Plan are set to expire in 2025. These subsidies, which expanded coverage under the Affordable Care Act, face opposition from Trump and Republicans, who are unlikely to extend them. If not extended, nearly 4 million people could lose coverage by 2026, with premiums potentially increasing by over 75%. The Congressional Budget Office estimates a $335 billion cost over 10 years to permanently extend the subsidies.

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