Rachel Ensign
👤 SpeakerAppearances Over Time
Podcast Appearances
Folks who feel like they really need insurance are finding a way to make it work because they have health issues, they need to see the doctor.
But people who are healthier are just dropping insurance and hoping for the best.
So for people with Obamacare who were getting some kind of subsidy from the government, including people who are middle income, maybe even a little bit upper middle income, in general, those folks are seeing their premiums go up 114% on average.
They're facing increases of hundreds or thousands of dollars a month.
It's kind of how you would expect.
Folks who feel like they really need insurance are finding a way to make it work because they have health issues.
They need to see the doctor.
But people who are healthier are just dropping insurance and hoping for the best.
I spoke to a couple whose premium was going to jump immediately.
to be about three times as much as their mortgage payment.
And they're pretty healthy, so they're just gonna save that money that they were paying for insurance.
But it's a pretty precarious existence.
They're really worried that if something bad happens to them and they're hospitalized, it's just gonna completely ruin them financially.
And then there are other people who are gonna find a way to make it work financially.
You know, it's not great, but it's manageable.
It's just yet another rising cost in a world where it feels like everything is significantly more expensive than it was five years ago and where affordability is kind of the number one issue for a lot of people and the reason people feel bad about the economy.
Well, the House has passed legislation to extend them.
In the Senate, there was a bipartisan group trying to work towards a solution.
But my colleagues in Washington tell me it seems like the odds are pretty long, especially because President Trump has come out and offered this other plan this month, which does not appear to include extending the subsidies.
Thank you.