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Trump's Health Law to Spike Premiums, Impact 24 Million

7/29/2025

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Story summary
  • Donald Trump's health law is projected to raise insurance premiums by an average of 15% in 2026, with some exceeding 20%.
  • Over 24 million Americans will lose enhanced premium tax credits, facing average premium increases of 75%.
  • Low-income Americans are disproportionately affected, with around 4 million at risk of becoming uninsured.
  • Insurers cite rising medical costs and subsidy losses as reasons for rate hikes, predicting a decline in healthy enrollments.