Trump Says He'll Work With Democrats on Health Care—With Just Days Left
Investopedia·2025-12-13 01:00

Core Points - The deadline for enrolling or renewing coverage in an Affordable Care Act (ACA) health insurance plan is December 15, with a potential premium increase looming if subsidies are not renewed [2][4] - If subsidies expire, the average health insurance premium for the 24 million ACA enrollees could rise from $888 in 2025 to $1,904 in 2026, more than doubling [2][7] - An estimated 2.2 million people may lose their insurance entirely if the subsidies are not extended [3] Economic Implications - Rising health care costs are a significant burden for households already facing increased cost-of-living pressures since the pandemic, reducing consumer spending power [4] - Without a resolution by December 15, individuals seeking ACA coverage will face higher premiums without clarity on potential subsidy extensions [4] Political Landscape - There has been significant partisan conflict over the future of ACA subsidies, with recent attempts by Democrats to extend subsidies being blocked by Senate Republicans [5] - President Trump has expressed a willingness to collaborate with Democrats on health care, but time is limited for negotiations [3][7]