Budget Bill Puts Millions at Risk of Losing Health Insurance

Jun. 27, 2025, 6:00 am ET

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  • The proposed budget bill could significantly increase the number of uninsured Americans, affecting millions nationwide.
  • Changes to Medicaid and the Affordable Care Act (ACA) are at the heart of the legislation.
  • Critics warn of catastrophic consequences, particularly for low-income and working-class Americans.

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Essential Context

The budget bill, known as the “One Big Beautiful Bill Act,” aims to make substantial changes to Medicaid and the ACA. These changes could lead to a significant increase in the number of uninsured Americans, with estimates suggesting up to 16 million people could lose their health insurance by 2034.

Core Players

  • Senate Republicans – Advocating for the budget bill.
  • Sen. Bernie Sanders – Ranking Member of the Senate Health, Education, Labor, and Pensions Committee, opposing the bill.
  • Congressional Budget Office (CBO) – Providing estimates on the impact of the bill.
  • Health Care Providers – Over 750 providers across 47 states and the District of Columbia have responded to the proposed changes.

Key Numbers

  • 16 million – Estimated number of Americans who could lose health insurance by 2034.
  • 10.9 million – Increase in the number of people without health insurance due to changes in Medicaid and the ACA.
  • 4.2 million – Additional people who could be uninsured if enhanced ACA tax credits expire.
  • 19:1 – Ratio of people losing health insurance to millionaire households receiving tax cuts.

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The Catalyst

The proposed budget bill is part of a broader effort by Senate Republicans to overhaul the U.S. health care system. The bill aims to cut health care for millions to fund tax breaks for wealthy individuals.

“This report makes it abundantly clear that the reconciliation bill… would be a death sentence for working-class and low-income Americans throughout the country,” said Sen. Bernie Sanders.

Inside Forces

The bill’s provisions include significant changes to Medicaid and the ACA, such as the expiration of enhanced premium tax credits. These credits have been crucial in reducing premium payments for ACA enrollees, and their expiration could lead to a substantial increase in out-of-pocket costs.

Health care providers from across the country have expressed concern over the potential impact, with many warning of a national health care emergency.

Power Dynamics

The Senate Republicans are pushing for the bill’s passage despite strong opposition from Democrats and health care advocates. Sen. Bernie Sanders has vowed to do everything in his power to defeat the bill, emphasizing that health care should be a human right, not a privilege for the wealthy.

The CBO’s estimates have provided a critical framework for understanding the bill’s potential impact, highlighting the stark contrast between the benefits for wealthy households and the losses for low-income Americans.

Outside Impact

The broader implications of the bill are significant. States that have not expanded Medicaid are expected to be particularly hard hit, with lower-income and older enrollees facing the most severe premium increases.

The expiration of enhanced tax credits alone is expected to cause ACA enrollees’ out-of-pocket premium payments to increase by over 75% on average.

Future Forces

Looking ahead, the passage of this bill could set a precedent for future health care policy. If enacted, it would likely lead to a substantial shift in how health care is accessed and funded in the U.S.

Key areas to watch include the expiration of the enhanced premium tax credits at the end of 2025 and the full implementation of the bill’s provisions by 2034.

Data Points

  • June 25, 2025: Sen. Bernie Sanders releases a report detailing the devastating impact of the bill.
  • June 6, 2025: CBO updates estimates on the increase in the number of people without health insurance.
  • End of 2025: Enhanced ACA tax credits are set to expire.
  • 2034: Projected year when the full impact of the bill and the expiration of enhanced tax credits will be realized.

The potential passage of this budget bill underscores a critical juncture in U.S. health care policy, with far-reaching consequences for millions of Americans. As the debate continues, it remains to be seen how these changes will shape the future of health care in the country.