OTHER VIEWS: Trump must address skyrocketing health insurance costs - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
October 22, 2025 Newswires
Share
Share
Post
Email

OTHER VIEWS: Trump must address skyrocketing health insurance costs

Staff WriterThe Express Star

As the federal government shutdown continues, Democrats have been building their case with a surprising number of Republicans who are coming to realize the crisis in health insurance costs will begin hitting Americans soon.

Onetime Democratic nemesis GOP Rep. Marjorie Taylor Greene has publicly come out against the GOP shutdown strategy saying on X that her constituents face a doubling of their health insurance premium if tax credits under the ACA are not extended for those who buy insurance on the individual market.

"I'm absolutely disgusted that health insurance premiums will DOUBLE if the tax credits expire this year … Not a single Republican in leadership talked to us about this or has given us a plan to help Americans deal with their health insurance premiums DOUBLING!!!"

Democrats hailed the surprising revelations from Greene.

Greene's concerns show the health care issue cuts across party lines and ideological spectrums. That's because it's the one thing all Americans need.

Democrats continue to fall under criticism on the shutdown, but a recent poll still showed most people (54%) blame Republicans for the shutdown.

Democrats, would do well to propose another meeting with Trump or the Senate Republican majority.

The evidence is mounting that not only did Republicans not extend the health care tax credits while they extended tax credits for the wealthy in the so-called "beautiful bill," they cut the health care credits at the worst time.

Health care premiums are expected to rise 20% for a number of Americans while doubling for many, according to research by the Kaiser Family Foundation.

Costs are on the rise. Not only are prescription drug prices rising, but use of specialty expensive drugs for weight loss and other ailments are increasing as well.

"We're in a period of uncertainty in every health insurance market right now, which is something we haven't seen in a very long time," said Larry Levitt, an executive vice president at the nonprofit KFF, which studies health care.

And even Medicare costs will be going up due to provisions in the "big bill" that automatically triggered cuts to Medicare spending.

Total health benefit costs are going to rise 6.5%, the highest since 2010, according to Mercer, a human resources consulting company.

The market selling Medicare supplement plans is shrinking in Minnesota, going from 16 to 13 plans.

Prescription drug plans are dropping from 14 to 11. And monthly premiums for these plans are doubling from $51 per month to $101 per month, according to a Star Tribune report.

In the individual market, accessed through the marketplace MNsure, premiums are expected to rise 22%.

The state Department of Commerce approved rate increases in excess of that, however, with the average premium increases for Medica (+30.76%), UCare (+27.48%), Blue Cross and Blue Shield of Minnesota (+18.7%), HealthPartners (+13.31% to +19.15%) and Quartz Health Plan (+7.4%), according to the Star Tribune.

Some 24 million Americans buy insurance through the ACA including farmers, ranchers and small businesses.

Companies are pulling out of the Medicare Advantage plan markets as costs skyrocket and hurt profits.

Much of the shutdown blame can be laid at the feet of the GOP as they have the ability to open the government controlling all three branches.

They only need to work with Democrats on a tax credit plan that is not only bipartisan, but gives a break to Americans trying to afford health care that's getting more expensive.

Not extending the health care premium tax credits will be disastrous to the health of Americans, will further weaken the overall health care market and raise costs for everyone.

— The Mankato (Minnesota) Free Press

Older

Elevance Health execs expect Medicaid costs to rise in 2026

Newer

Government shutdown continues as Arizona delegation bickers over insurers, personal pay

Advisor News

  • How smart investments prepare clients for inflation
  • Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
  • The biggest risk to your clients’ financial plans isn’t market volatility
  • Initiative looks at how caregiving impacts workplace benefits
  • Will rising retirement needs spark an annuity boom?
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity News

Health/Employee Benefits News

  • Mark Farrah Associates Analyzed the 2025 Medicare Supplement Market
  • 3 Million Seniors Lost Their Medicare Advantage Plan in 2026: 7 Moves to Make Before Your Coverage Lapses
  • Local drop in ACA coverage among highest in state
  • Agent groups speak out against congresswoman’s call to limit MA compensation
  • A Brooklyn Health Clinic Offers a Safety Net For New Yorkers That May Lose Insurance
More Health/Employee Benefits News

Life Insurance News

  • Appeals court rejects investor payouts in latest decision against STOLI
  • Why premium-financed IUL is failing
  • AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet