Thank you so much for addressing this! I’m a health insurance agent, and the anxiety going into this open enrollment has been high. One of the largest carriers in my state recently mentioned that they’d expect only 60-70% of current members to renew. That would mean 30-40% loss of income for me and my family as well.
It’s such a tough line to walk when your career hinges on helping others. I truly love being able to help and find solutions to make it work for people, but the lowest income earners already saw their premiums double this year in my state. The IRS allowed premium cost to increase from 2% of income to 4% in 2025, and many of my most vulnerable clients were impacted. I don’t see how they could expect to afford it to double again. 🥺
Also the vast majority of the higher income earners that receive significant subsidies are retirees waiting to get on Medicare. Without subsidies, the lowest plan premiums start close to $1000 a month per person for that age range. The closer you get to Medicare age (65), the more it costs. Thank you for addressing it because so many people don’t understand how hard this could hit them! Not to mention the proposed changes to repayment of the tax credit. That’s a whole other scary issue for people whose income is hard to predict.
“According to KFF, a nonpartisan health care research group, out-of-pocket premium costs for the average American who buys insurance through the Obamacare exchanges would skyrocket by 75%.”
This is completely unsustainable. Republicans know it’s unsustainable and voted for it anyway. They are going to have to learn how to stand up to Donald Trump. It’s so frustrating to see them line up behind policies that they know will hurt their own constituents.
The Speaker of the House, Mike Johnson: “I don’t think we should be subsidizing high-income earners.” What a laugher. Take the contraction “don’t” out of that statement and you pretty much have the Republican Party platform in a nutshell.
Thank you so much for addressing this! I’m a health insurance agent, and the anxiety going into this open enrollment has been high. One of the largest carriers in my state recently mentioned that they’d expect only 60-70% of current members to renew. That would mean 30-40% loss of income for me and my family as well.
It’s such a tough line to walk when your career hinges on helping others. I truly love being able to help and find solutions to make it work for people, but the lowest income earners already saw their premiums double this year in my state. The IRS allowed premium cost to increase from 2% of income to 4% in 2025, and many of my most vulnerable clients were impacted. I don’t see how they could expect to afford it to double again. 🥺
Also the vast majority of the higher income earners that receive significant subsidies are retirees waiting to get on Medicare. Without subsidies, the lowest plan premiums start close to $1000 a month per person for that age range. The closer you get to Medicare age (65), the more it costs. Thank you for addressing it because so many people don’t understand how hard this could hit them! Not to mention the proposed changes to repayment of the tax credit. That’s a whole other scary issue for people whose income is hard to predict.
You have a tough and important job. I hope for your sake and the sake of your clients, Congress comes up with a fix.
“According to KFF, a nonpartisan health care research group, out-of-pocket premium costs for the average American who buys insurance through the Obamacare exchanges would skyrocket by 75%.”
This is completely unsustainable. Republicans know it’s unsustainable and voted for it anyway. They are going to have to learn how to stand up to Donald Trump. It’s so frustrating to see them line up behind policies that they know will hurt their own constituents.
The Speaker of the House, Mike Johnson: “I don’t think we should be subsidizing high-income earners.” What a laugher. Take the contraction “don’t” out of that statement and you pretty much have the Republican Party platform in a nutshell.