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Fortune
Fortune
Nick Lichtenberg

'Tragedy in the making': Top healthcare exec on why insurance will spike to subsidize a tax cut to millionaires and billionaires

Donald Trump (Credit: Aaron Schwartz/Getty Images)

Top healthcare executive John Driscoll calls the looming expiration of enhanced Affordable Care Act subsidies “a tragedy in the making,” warning that millions of Americans are about to be hit with higher premiums, lost coverage, and rising medical debt as Washington gridlock hardens.

Driscoll, who is currently the chairman of UConn Health after a 25-year career in health care including a previous position as Walgreens Boots Alliance president, said the policy reversal amounts to “a self‑inflicted wound” that will push costs up for both low‑income families and the affluent professionals who thought they were insulated.​

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