Summary
Health insurance costs in the U.S. are expected to double for many Americans as they sign up for the Affordable Care Act (ACA) marketplaces. Recent changes led by Congress and the Trump administration, including significant health care cuts and the removal of ACA tax credits, are contributing to these higher costs and affecting millions of Americans' coverage.
Key Facts
- Health insurance costs for Americans using ACA marketplaces are set to double.
- Around 20 million people will enroll in health insurance through the ACA's HealthCare.gov or state websites.
- Recent changes by Congress and the Trump administration include significant cuts to health care funding.
- Approximately $1 trillion has been removed from Medicaid and ACA coverage.
- 15 million Americans may lose their health insurance due to these changes.
- Premiums for a family of four could increase by over $3,700 by 2026.
- Rural hospitals and clinics are shutting down across the country.
- Cuts to Medicaid will impact seniors, children, and people with disabilities.
