Trump healthcare plan targets affordability to boost private insurance uptake

Private health insurance penetration rates in the US increase with household income, a GlobalData survey has found. Meanwhile, President Trump has submitted a healthcare legislative proposal to Congress aimed at lowering prescription drug prices and insurance premiums. GlobalData’s 2025 Financial Services Consumer Survey shows that private health insurance penetration rates rise sharply with household income. Just 19.4% of respondents earning $0–$19,999 a year reported having private health insurance, com ...