May 20, 2026/Media, Press

NEW: Millions Expected To Lose Health Care As Costs Spike After DC Insider Michael Whatley Cheered On ACA Subsidy Expiration

Washington Post: “The state with the biggest decline in [ACA] enrollment as of the beginning of the year was North Carolina, which dropped about 214,000 people, or 22 percent…”

After DC insider Michael Whatley backed Washington Republicans as they ended the ACA subsidies that lowered monthly premiums, 214,000 North Carolinians have lost health care coverage – the biggest decline in the country – and nearly 1 million more have faced “premiums rising as much as 100 percent.” Now, millions more Americans are expected to lose coverage this year due to higher premiums.

As North Carolina families pay more and lose coverage, Whatley is profiting from soaring health care costs after he “help[ed] build support for [a] bill” that drives up prescription drug costs for seniors while benefiting “up to $265,000” of Whatley’s Big Pharma stocks. 

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Washington Post: Millions expected to lose Affordable Care Act coverage as costs spike

Christopher Rowland | May 19, 2026

  • Higher premiums will cause millions more people to lose insurance this year.
  • Another sign of economic distress: Average deductibles for policyholders are now the highest ever, a result of people switching to the exchange’s cheapest “bronze plans” in response to premium hikes…
  • With premiums rising as much as 100 percent for some, about 1 million people opted out of coverage for 2026 […] The KFF analysis says attrition for failing to pay could grow throughout the year by up to 4 million more.
  • “The combination of all that is people are experiencing big cost increases,” she said. 
  • People with no insurance or high deductibles are taking on more risk because of the high costs.
  • The state with the biggest decline in enrollment as of the beginning of the year was North Carolina, which dropped about 214,000 people, or 22 percent, according to North Carolina Health News, which cited data from the Centers for Medicare and Medicaid Services.
  • “Health care is a major industry in North Carolina and beyond,” he said. “There are major economic implications and political implications.”

 

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