President Donald Trump's administration is scaling back federal protections against high healthcare costs, leading to expected losses of health insurance for millions. New tax legislation could result in higher premiums, pushing individuals to forgo coverage or choose higher-deductible plans. Federal changes to COVID-19 vaccine guidelines would remove coverage for many, imposing out-of-pocket expenses. Additionally, recent legislation raises copay costs for certain Medicaid doctor visits. A court's approval for rolling back regulations on medical debt reporting further threatens Americans unable to pay their medical bills.
Millions of people are expected to lose health insurance in the coming years as a result of the tax cut legislation Trump signed this month, leaving them with fewer protections from large bills if they get sick or suffer an accident.
New federal guidelines for COVID-19 vaccines will allow health insurers to stop covering the shots for millions, so if patients want the protection, some may have to pay out-of-pocket.
The new tax cut legislation will also raise the cost of certain doctor visits, requiring copays of up to $35 for some Medicaid enrollees.
This month, the Trump administration secured permission from a federal court to roll back regulations that would have removed medical debt from consumer credit reports.
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