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Miami (USA). - Almost five million people could lose their health insurance in the United States in 2026, including one million Latinos, if Congress does not reach an agreement to extend the health program known as 'Obamacare', according to a report released this Friday by the civil organization American for Tax Fairness (ATF).
The report, presented during a virtual press conference, revealed that the Latino population is especially vulnerable to the possible expiration of subsidies from the Affordable Care Act (ACA), the healthcare reform approved in 2010 under President Barack Obama, and popularly known as 'Obamacare'.
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This regulation introduced subsidies that made health plans more affordable for the population, but these will expire at the end of this year if the Republican-majority Congress does not reach an agreement to renew them. In the event that an understanding is not reached between the Republican and Democratic caucuses, ATF warned that almost five million people, including one million Latinos, could lose their insurance in 2026. In addition, he revealed that 20 million ACA enrollees are facing "often astonishing" premium increases. The health crisis that thousands of Latino families would face contrasts sharply with the good situation that health corporations are going through, as a consequence of the fiscal policies of the Republican Party and the American president, Donald Trump, according to ATF. While the proportion of uninsured people could rise from 24% to 28% next year, seven of the country's largest medical corporations saved about $34 billion in taxes between 2018 and 2024 thanks to tax benefits, according to the report. "Instead of handing over billions of dollars to those who profit from denying us coverage and increasing our costs, Congress must extend the ACA credits to ensure that millions of people do not lose access to vital medical care," said David Kass, CEO of ATF, at the press conference. The organization recalls that these dividends are thanks to the tax law approved during Trump's first term, which has also allowed the CEOs of 19 of the main healthcare companies to collectively save more than 100 million in taxes. The future of 'Obamacare' is currently under debate in Congress, where the Democrats presented a proposal to extend it for three years that was rejected this week by the Republicans. Trump's party seeks to replace the healthcare program with a direct payment model through which citizens contract their healthcare assistance. In addition to the organization's report, another survey prepared by other civil organizations on the decline in Trump's popularity among Latinos was also presented during the virtual conference, especially due to his economic policy and unfulfilled promises.
