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International Business Times UK
International Business Times UK
World
Chelsie Napiza

Millions of Americans Drop Health Insurance After Facing Shocking Triple-Digit Premium Hikes As Obamacare Subsidies Evaporate

Rally in Support of the Affordable Care Act, at The White House, Washington, DC USA. (Credit: Creative Commons Attribution-Share Alike 2.0)

Millions of Americans have abandoned their health insurance after the expiry of enhanced Obamacare subsidies drove premiums sharply higher, according to new federal data.

The Department of Health and Human Services reported on 26 June 2026 that about 19.2 million people held Affordable Care Act marketplace coverage in February, well below the level of a year earlier.

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