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Dulcinea

(9,656 posts) Sat Dec 13, 2025, 08:37 AM Dec 13

Top healthcare exec on why insurance will spike to subsidize tax cut to millionaires and billionaires

(Fortune) Top healthcare executive John Driscoll calls the looming expiration of enhanced Affordable Care Act subsidies “a tragedy in the making,” warning that millions of Americans are about to be hit with higher premiums, lost coverage, and rising medical debt as Washington gridlock hardens.

Driscoll, who is currently the chairman of UConn Health after a 25-year career in health care including a previous position as Walgreens Boots Alliance president, said the policy reversal amounts to “a self‑inflicted wound” that will push costs up for both low‑income families and the affluent professionals who thought they were insulated.

Driscoll cited CBO estimates that if Congress allows the subsidies to lapse, premiums will jump for roughly 24 million marketplace enrollees, and around 2 million people will lose coverage entirely in the near term.

https://www.yahoo.com/news/articles/tragedy-making-top-healthcare-exec-200946858.html

3 replies

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Highlight:

Top healthcare exec on why insurance will spike to subsidize tax cut to millionaires and billionaires (Original Post) Dulcinea Dec 13 OP

Easy to understand why: no_hypocrisy Dec 13 #1

The GOP's next move will be to rescind EMTALA Ritabert Dec 13 #2

"healthcare executives" are a huge problem too Skittles Dec 14 #3

no_hypocrisy

(54,245 posts)

1. Easy to understand why:

Reply to Dulcinea (Original post)

Sat Dec 13, 2025, 08:54 AM

Dec 13

A lot of people will lose the ability to afford health insurance without the government subsidies. They will go without medical and hospital insurance.

They'll still get sick. They show up at ERs at hospitals. They'll still be treated.

The hospitals take a hit financially. And someone has to make up the lost revenues.

And the hospitals and the doctors will have to raise their fees. And in turn, so will insurance policies for NON-ACA policy holders.

And that means you and me.

Don't think that Medicare won't be affected, b/c it will. Same thing costing more money. It has to come from somewhere.

By letting the ACA subsidies expire, all of us are now engaged in "medical Kerplunk". Please see video. By pulling out the "sticks" of the subsidies, eventually, KERPLUNK!