HeadlinesBriefing favicon HeadlinesBriefing.com

Republican Health Care Cuts Drive 2027 Premium Hikes

New York Times Business •
×

The health care affordability crisis Donald Trump and Republicans created is deepening by the day. Families face another wave of premium hikes, insurers pull back from ACA marketplaces, hospitals warn of financial strain, and small businesses struggle to keep coverage affordable.

State after state reports double-digit premium increases for 2027, following last year's massive spikes, as Americans pay the price for Republicans' decision to rip away health care tax credits. Molina Healthcare expects to halve its Obamacare presence, planning more marketplace exits as costs rise.

Covered California rates jump nearly 10%, Colorado insurers seek 11% increases, and Pennsylvania requests average 17.1% hikes. Ohio leads the nation in percentage dropping ACA coverage. Enrollment declines in 49 states, nearly 500K New Yorkers lose health plans.

Surveys show 1 in 4 Americans stay in jobs for health insurance. Farmers see costs more than double. The damage from Republican health care cuts worsens daily.