Millions drop Obamacare after Trump-backed subsidy rollback sends premiums soaring

Jun 28, 2026 - 12:00
Millions drop Obamacare after Trump-backed subsidy rollback sends premiums soaring

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Millions of Americans have lost their Obamacare health insurance as enhanced federal subsidies expired, causing premium costs to skyrocket. Over five million have dropped coverage, leading to a significant enrollment drop. While the Trump administration points to fraud, experts attribute the decline to unaffordable premiums, raising concerns about market stability and future insurance availability.

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