As Trump Cuts Health, More May Exit Obamacare Like CVS Health’s Aetna
By: bitcoin ethereum news|2025/05/04 12:30:01
0
Share
News that CVS Health’s Aetna is pulling out of the individual health insurance business, also known ... More as Obamacare, could mean more insurers will follow if Donald Trump and his fellow Republicans in Congress cut health benefits. In this photo, Trump attends a swearing in ceremony for Dr. Mehmet Oz for Medicare and Medicaid Services Administrator in the Oval Office at the White House on April 18, 2025 in Washington, DC. (Photo by Andrew Harnik/Getty Images) News that CVS Health’s Aetna is pulling out of the individual health insurance business, also known as Obamacare, could mean more insurers will follow if President Trump and his fellow Republicans in Congress cut health benefits. CVS’ decision, announced last week, leaves about 1 million people in 17 states looking for new coverage in 2026. That’s a fraction of the more than 24 million Americans who signed up for such coverage on the Affordable Care Act (ACA) exchanges last fall. But Republicans and the Trump White House are making moves to make it difficult on health insurers to sell Obamacare. The Trump administration, via the Centers for Medicare & Medicaid Services, earlier this year slashed what the federal government spends on navigators that help people sign up for Obamacare coverage. If the cuts to navigators lead to fewer signing up for coverage, that hurts health insurers. Some of the biggest players in Obamacare, including Centene and Oscar Health, UnitedHealth Group’s UnitedHealthcare and many operators of Blue Cross and Blue Shield plans such as Elevance Health have seen record growth in their individual coverage business in recent years. Obamacare has come a long way with millions of Americans gaining such coverage in part due to expanding subsidies that allow more people to afford health insurance. The subsidies were enhanced thanks to moves by the Biden administration and the Democratic-controlled Congress, which passed the Inflation Reduction Act of 2022, allowing more Americans to buy coverage. Earlier this year, before Trump took office, then CMS Administrator Chiquita Brooks-LaSure attributed the record-breaking enrollment “to the importance of the enhanced financial assistance available through 2025.” “This additional help has made all the difference for people seeking affordable insurance,” Brooks-LaSure said in January. “For example, a young professional just starting out making $30,000 a year would have previously been expected to contribute around $165 per month but can now pay no more than $50 per month, with even cheaper plans available. Just a little extra help can mean less financial stress for millions of enrollees across the country.” Whether such momentum and growth continues after this year is uncertain. When Trump was in office from 2017 to 2021, he and Republicans in Congress tried and failed several times to repeal the ACA, the signature legislative achievement of former President Barack Obama. So when the enhanced subsidies expire at the end of this year, Trump and Republicans in Congress may be unwilling to spend the money if they need the revenue to make up for tax cuts. “Much of the enrollment growth stems from the enhanced premium aid first made available in 2021 that helped to make marketplace coverage more affordable for many people,” a KFF report earlier this year said. “The extra assistance is set to expire at the end of this year unless Congress acts to extend it.” So far, none of Aetna’s rivals have hinted at plans to exit Obamacare or pull back from markets where the currently sell plans. But industry analysts say they are watching and they expect – at the very least – that more insurers will retreat to fewer states and counties. “Don’t be surprised if this isn’t the last announcement by an ACA carrier that they’re bailing on the exchange market entirely (or at least reducing their footprint of where they offer coverage) over the next few months,” Charles Gaba who founded ACASignups.net, a website that tracks Affordable Care Act data and other health topics wrote on his site last week after the CVS announcement. “Their actuaries are crunching the numbers right now to figure out what plans they plan on offering next year at what premium levels, and the likely expiration of the (Inflation Reduction Act) subsidies on New Year’s Eve is likely going to lead to millions of enrollees being priced out of the market. ” Source: https://www.forbes.com/sites/brucejapsen/2025/05/04/as-trump-cuts-health-more-may-exit-obamacare-like-cvs-healths-aetna/
You may also like
How has Binance's stock business performed in the 30 days since its launch?
Emerging market buying supported the first wave of demand.
WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open
To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Bangladeshi Taka (BDT) and Sri Lankan Rupee (LKR) are now available on WEEX P2P!
Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...
July 6 Market Important Events Overview
Can Open USD support Stripe's ambitions?
Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."
Blockchain Capital Partner: AI is rewriting the fundamental unit of labor
The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.
The cryptocurrency industry has become a traditional industry
For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
July 5 Market Important Events Overview
Trump, the best stock trader among U.S. presidents
Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The moment faith was securitized, Bitcoin became a bill.
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?
The ten years of Cloud on the Air: From corner coffee to global financial infrastructure
How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.
How has Binance's stock business performed in the 30 days since its launch?
Emerging market buying supported the first wave of demand.
WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open
To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Bangladeshi Taka (BDT) and Sri Lankan Rupee (LKR) are now available on WEEX P2P!
Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...
July 6 Market Important Events Overview
Can Open USD support Stripe's ambitions?
Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."
Blockchain Capital Partner: AI is rewriting the fundamental unit of labor
The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.
The cryptocurrency industry has become a traditional industry
For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
