On Monday, the Trump administration proposed a rule that would push people into plans that don’t cover them when they get sick, raise out-of-pocket costs, and throw more people off their coverage. From Alaska to Florida, Americans are already straining under the weight of doubling, tripling, and quadrupling premiums because Trump and the GOP put tax cuts for billionaires before Affordable Care Act (ACA) tax credits that kept health care affordable for millions. It is no surprise that health care now tops Americans’ concerns about affordability after Donald Trump and Republicans in Congress ripped away ACA tax credits from nearly 22 million Americans to bankroll tax breaks for billionaires and big corporations. Trump’s new proposed rule only adds fuel to the fire, inflaming the nationwide affordability crisis.
The Trump administration’s new proposed rule will:
- Push families into plans that force them to pay an arm and a leg before insurers pay a single dollar, replacing their once affordable, high-quality coverage options with plans that make them pay an average of $10,000 before insurance kicks in.
- Raise the out-of-pocket cost maximum by 13 percent, forcing Americans who buy insurance on their own to pay more for their care at a time they are already struggling to afford their premiums and deductibles.
- Add miles of red tape designed to throw people off coverage, reintroducing multiple measures that were already stayed by a court since they likely violated federal statute.
GOP premium hikes already:
- Doubled and tripled premiums for over 20 million hardworking Americans, including small business owners, farmers, and older adults.
- Put health care out of reach for over one million Americans who can no longer afford to see a doctor and will face massive debt if they have a heart attack or accident.
- Will lead to an estimated 5 million Americans losing their health care after they are unable to pay their premiums and are kicked off their coverage.
- Forced middle-class families to pay $20 billion in higher health care costs in 2026, while CEOs and yacht owners pocket $120 billion in tax breaks from the GOP tax scam.
- Forced an estimated one in three Americans who buy health care on their own to reduce their coverage and pay thousands more each year in health care costs.
- Pressured countless families to cut back on food, clothing, and other basics to afford health insurance and greater out-of-pocket costs.