{"id":1055201,"date":"2025-07-21T12:34:20","date_gmt":"2025-07-21T16:34:20","guid":{"rendered":"https:\/\/democrats.org\/?p=1055201"},"modified":"2025-07-21T12:34:21","modified_gmt":"2025-07-21T16:34:21","slug":"icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/","title":{"rendered":"ICYMI: Trump\u2019s Billionaire-First Budget Will Skyrocket Insurance Premiums for Four Million Americans\u00a0"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"449\" width=\"1024\" src=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" alt=\"\" class=\"wp-image-1050776\" srcset=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png 1101w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=300,132 300w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=768,337 768w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=1024,449 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Key Point:<\/strong> \u201cPeople who get health insurance through the Affordable Care Act could soon see their monthly premiums sharply increase as subsidies expire and insurers propose a major premium hike for 2026. Insurers that offer plans through the ACA are planning an average premium increase of 15% for 2026 \u2014 the largest increase in seven years \u2026 The domestic policy bill that President Donald Trump signed into law earlier this month, however, did not extend [subsidies] further. \u2026 The bill also added more hurdles for people who get their health insurance through the ACA, such as adding new paperwork requirements to renew coverage each year.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nbcnews.com\/health\/health-care\/cost-obamacare-expected-soar-subsidies-expire-insurers-hike-premiums-rcna219440\"><strong>NBC News<\/strong><\/a><strong>: Cost of Obamacare expected to soar as subsidies expire and insurers hike premiums<\/strong><\/p>\n\n\n\n<p>By Berkeley Lovelace Jr.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>People who get health insurance through the Affordable Care Act could soon see their monthly premiums sharply increase as subsidies expire and insurers propose a major premium hike for 2026.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Insurers that offer plans through the ACA are planning an average premium increase of 15% for 2026 \u2014 the largest increase in seven years,<\/strong><strong> <\/strong>according to an analysis published Friday from KFF, a health policy research group.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u200b\u200bThe enhanced subsidies came out of the 2021 American Rescue Plan and broadened the number of people eligible, including many in the middle class. The Inflation Reduction Act, passed in 2022, extended the subsidies through 2025.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The domestic policy bill that President Donald Trump signed into law earlier this month, however, did not extend them further. \u2026 The bill also added more hurdles for people who get their health insurance through the ACA, such as adding new paperwork requirements to renew coverage each year.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nearly 4 million people were projected to lose their coverage next year if the subsidies weren\u2019t extended,<\/strong> according to a 2024 analysis from the Congressional Budget Office, a nonpartisan agency that provides budget and economic information to Congress.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>With fewer people enrolled, insurers would have to spread the costs among a smaller group of people, pushing premiums higher,<\/strong> said Edwin Park, a research professor at the Georgetown University McCourt School of Public Policy.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A family of three earning $110,000 a year and enrolled in a silver ACA plan \u2014 which usually comes with moderate monthly premiums \u2014 could see their monthly cost jump from $779 this year to $1,446 in 2026 when the enhanced subsidies expire, according to KFF. If insurers raise premiums by 15%, the monthly bill could climb even higher, to $1,662.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key Point: \u201cPeople who get health insurance through the Affordable Care Act could soon see their monthly premiums sharply increase as subsidies expire and insurers propose a major premium hike for 2026. Insurers that offer plans through the ACA are planning an average premium increase of 15% for 2026 \u2014 the largest increase in seven [&hellip;]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1055201","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ICYMI: Trump\u2019s Billionaire-First Budget Will Skyrocket Insurance Premiums for Four Million Americans\u00a0 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-21T16:34:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-21T16:34:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1101\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Adrianna Tomasello\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrianna Tomasello\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/\",\"url\":\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/\",\"name\":\"ICYMI: Trump\u2019s Billionaire-First Budget Will Skyrocket Insurance Premiums for Four Million Americans\u00a0 - Democrats\",\"isPartOf\":{\"@id\":\"https:\/\/democrats.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\",\"datePublished\":\"2025-07-21T16:34:20+00:00\",\"dateModified\":\"2025-07-21T16:34:21+00:00\",\"author\":{\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/00292e8c1694c8322513663ebb5f246f\"},\"breadcrumb\":{\"@id\":\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#primaryimage\",\"url\":\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\",\"contentUrl\":\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\",\"width\":1101,\"height\":483},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/democrats.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ICYMI: Trump\u2019s Billionaire-First Budget Will Skyrocket Insurance Premiums for Four Million Americans\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/democrats.org\/#website\",\"url\":\"https:\/\/democrats.org\/\",\"name\":\"Democrats\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/democrats.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/00292e8c1694c8322513663ebb5f246f\",\"name\":\"Adrianna Tomasello\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f1caa4627f6a3abd6a1daf936cdbaf4406f86f7fcb6a945d915b685b27e7f9a3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f1caa4627f6a3abd6a1daf936cdbaf4406f86f7fcb6a945d915b685b27e7f9a3?s=96&d=mm&r=g\",\"caption\":\"Adrianna Tomasello\"},\"url\":\"https:\/\/democrats.org\/news\/author\/tomaselloa\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ICYMI: Trump\u2019s Billionaire-First Budget Will Skyrocket Insurance Premiums for Four Million Americans\u00a0 - Democrats","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/","og_locale":"en_US","og_type":"article","og_site_name":"Democrats","article_published_time":"2025-07-21T16:34:20+00:00","article_modified_time":"2025-07-21T16:34:21+00:00","og_image":[{"width":1101,"height":483,"url":"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png","type":"image\/png"}],"author":"Adrianna Tomasello","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Adrianna Tomasello","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/","url":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/","name":"ICYMI: Trump\u2019s Billionaire-First Budget Will Skyrocket Insurance Premiums for Four Million Americans\u00a0 - Democrats","isPartOf":{"@id":"https:\/\/democrats.org\/#website"},"primaryImageOfPage":{"@id":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#primaryimage"},"image":{"@id":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#primaryimage"},"thumbnailUrl":"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024","datePublished":"2025-07-21T16:34:20+00:00","dateModified":"2025-07-21T16:34:21+00:00","author":{"@id":"https:\/\/democrats.org\/#\/schema\/person\/00292e8c1694c8322513663ebb5f246f"},"breadcrumb":{"@id":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#primaryimage","url":"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png","contentUrl":"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png","width":1101,"height":483},{"@type":"BreadcrumbList","@id":"https:\/\/democrats.org\/news\/icymi-trumps-billionaire-first-budget-will-skyrocket-insurance-premiums-for-four-million-americans\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/democrats.org\/"},{"@type":"ListItem","position":2,"name":"ICYMI: Trump\u2019s Billionaire-First Budget Will Skyrocket Insurance Premiums for Four Million Americans\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/democrats.org\/#website","url":"https:\/\/democrats.org\/","name":"Democrats","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/democrats.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/democrats.org\/#\/schema\/person\/00292e8c1694c8322513663ebb5f246f","name":"Adrianna Tomasello","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/democrats.org\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f1caa4627f6a3abd6a1daf936cdbaf4406f86f7fcb6a945d915b685b27e7f9a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f1caa4627f6a3abd6a1daf936cdbaf4406f86f7fcb6a945d915b685b27e7f9a3?s=96&d=mm&r=g","caption":"Adrianna Tomasello"},"url":"https:\/\/democrats.org\/news\/author\/tomaselloa\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/posts\/1055201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/users\/292"}],"replies":[{"embeddable":true,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/comments?post=1055201"}],"version-history":[{"count":1,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/posts\/1055201\/revisions"}],"predecessor-version":[{"id":1055202,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/posts\/1055201\/revisions\/1055202"}],"wp:attachment":[{"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/media?parent=1055201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/categories?post=1055201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/tags?post=1055201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}