‘Healthcare catastrophe’: GOP lets ACA subsidies expire as millions face soaring costs

With millions of Americans facing health insurance premium hikes and Affordable Care Act tax credits expiring at midnight, critics, including congressional Democrats, called out Republicans on Capitol Hill for kicking off 2026 with a nationwide healthcare crisis.

“When the clock strikes midnight, the fallout of the GOP’s premium hikes will ripple throughout the nation,” Protect Our Care chair Leslie Dach said in a Wednesday statement. “This new year brings a healthcare catastrophe unlike anything this nation has ever seen.