Story perspectives

Health Insurance Costs to Soar, Millions at Risk in 2026

12/21/2025

Center

Subsidy Cuts Impact

The expiration of enhanced subsidies for the Affordable Care Act (ACA) will raise health insurance costs for many Americans in 2026.
For individuals earning $45,000, premiums could rise by 74%.
Overall insurance prices could increase by about 18%.
The rollback of subsidies and Medicaid cuts could leave up to 16 million people without coverage by 2034, including 6–7 million leaving the ACA marketplace and 5 million becoming uninsured.

Left

Altman Urges Shopping

Congress has not extended enhanced premium tax credits for the Affordable Care Act, leading to significant premium increases in 2026.
Covered California CEO Jessica Altman urged consumers to shop before the December 31 enrollment deadline to find affordable options.
She noted some may face steep increases while others can save by comparing plans and understanding out-of-pocket costs.
A January procedural vote could still reshape the subsidy landscape.

1 of 2

Subsidy Cuts Impact

The expiration of enhanced subsidies for the Affordable Care Act (ACA) will raise health insurance costs for many Americans in 2026.
For individuals earning $45,000, premiums could rise by 74%.
Overall insurance prices could increase by about 18%.
The rollback of subsidies and Medicaid cuts could leave up to 16 million people without coverage by 2034, including 6–7 million leaving the ACA marketplace and 5 million becoming uninsured.

1 / 2