Millions of Americans are at risk of losing health coverage in 2025 under Donald Trump’s forthcoming administration.
More than 20 million Americans rely on the individual private health insurance market for healthcare, private insurance which is subsidized by the federal government.
These subsidies, programs that help lower the cost of health insurance premiums, increased the amount of assistance available to people who want to buy health insurance through the Affordable Care Act, dubbed Obamacare as a signature piece of legislation during Barack Obama’s administration.
This specific subsidy program resulted from the Biden administration’s 2021 American Rescue Plan and is set to expire at the end of 2025.
“The consequences of more people going uninsured are really significant, not just at an individual level with more medical debt and less healthy outcomes, but also has ripple effects for providers,” Sabrina Corlette, a research professor and co-director of the Center on Health Insurance Reforms at Georgetown University, said.