Their view: 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 28, 2025 Newswires
Share
Share
Post
Email

Their view: Trump must address skyrocketing health insurance costs

Mankato (Minn.) Free PressPharos-Tribune

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, ranches 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.

Mankato (Minn.) Free Press

Older

Of Note: AB invests in reinsurance entity to expand Asia presence

Newer

WARNER AND KAINE: VIRGINIANS ARE SEEING HIGHER ACA HEALTH INSURANCE RATES THIS OPEN ENROLLMENT SEASON

Advisor News

  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
  • Navigating client communication in a digital age
More Advisor News

Annuity News

  • Farm Bureau P&C insurers post first underwriting gain since 2021
  • Legacy Marketing, Malibu Life launch two fixed indexed annuities
  • Changing client priorities are reshaping annuity conversations
  • Solen Software acquires annuity software provider Cooperative Technologies
  • MassMutual Expands Lending Options With New Secured Credit Line
More Annuity News

Health/Employee Benefits News

  • Aldermen select employee medical insurance broker services provider
  • Southwest Bridge Health focusing on insurance coverage gap in Berrien County
  • HEALTHCARE SHOULDN'T REQUIRE A MAP
  • BOSTON ENCOURAGES RESIDENTS TO APPLY FOR HEALTH INSURANCE DURING OPEN ENROLLMENT SEASON
  • How Illinois retirees can compare the tradeoffs
More Health/Employee Benefits News

Life Insurance News

  • Life insurer ordered to stop selling new policies in Virginia
  • AM Best to Present and Participate at 2026 Shanghai International Reinsurance Conference
  • Agents often missing from the loop on life, LTC insurance rate increases
  • Meiji Yasuda Life Insurance Company Trademark Application for “PEACE OF MIND, FOREVER” Filed: Meiji Yasuda Life Insurance Company
  • SoFi and Prudential Financial team up to expand access to life insurance
Sponsor
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
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.