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JD Vance Removes 760,000 Allegedly Fraudulent Obamacare Enrollees

By Drooid · Oct 2, 2026, 11:40 PM UTC · How we work

Summary

Story summary

Vice President JD Vance announced removal of 760,000 allegedly fraudulent Obamacare enrollees.
The government placed an additional 400,000 enrollees under review for possible fraud.
Hundreds of brokers were banned and new broker applications halted due to fraud risks.
Shares of Centene, Molina, Elevance and UnitedHealth fell 1.5% to 6.5% after the announcement.
Insurers asked for a median 15% premium increase for 2027, their second consecutive double-digit rise.

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Story summary

Vice President JD Vance announced removal of 760,000 allegedly fraudulent Obamacare enrollees.
The government placed an additional 400,000 enrollees under review for possible fraud.
Hundreds of brokers were banned and new broker applications halted due to fraud risks.
Shares of Centene, Molina, Elevance and UnitedHealth fell 1.5% to 6.5% after the announcement.
Insurers asked for a median 15% premium increase for 2027, their second consecutive double-digit rise.