Folks Care About Unhealthy ObamaCare Premiums

Letter to Philippians: Jesus cured the Centurion’s servant from a distance but govt is not Jesus. Not only did the end of Uncle Sam’s EV subsidies sicken its auto sales, but we’re told “Millions of Americans Drop Obamacare After Withdrawal of Subsidies …”

That was one conclusion of the WSJ story noting how the “Loss of Affordable Care Act policyholders is likely to be a topic in midterm elections.” Why? Because Obamacare from the get-go was a financial disaster waiting to happen, at least, as a standalone health care system? It would seem so. According to Dept of Health & Human Services' just released figures, “Nearly four million people who had signed up for Affordable Care Act plans this year have already dropped their coverage after the loss of subsidies resulted in sharply higher costs” aka monthly premiums.” In some cases, the premiums rose by “100% or more.” Not that generous subsidies aren’t still in place for most ACA subscribers; it still has 19.2 million enrollees. Yet, thanks largely to the govt’s tightening of its eligibility vetting & elimination of some subsidies, this enrollment drop represents a stunning 16% drop in less than a year.

According to WSJ, “The HHS Report focused heavily on concerns about fraudulent & improper ACA enrollment,” which it said represented a significant portion of the growth in policy holders between 2021 & 2024. Federal spending on ACA premiums went from $25 billion when started to $129 billion in 2026; it dropped about $21 billion to $129 billion as enhanced COVID-era subsidies expired. The Democrats fought President Trump’s anti-fraud efforts & the expiration of those extra subsidies. Yet most GOP pols felt the unchecked & alarmingly costly ACA membership & spending inflation was unsustainable. So, watch for mid-term ads on both sides of the congressional aisle to draw attention to their partisan take on ObamaCare 2.0.

Davd Soul