The Fox News Rundown How Insurance Companies Made Big Profits Off 'ObamaCare'
Dec 10, 2025
Brian Blase, a health policy expert and President of the Paragon Health Institute, critiques the Affordable Care Act, arguing that its subsidies enrich insurance companies while driving up premiums. He proposes market-oriented reforms and health savings accounts as solutions. U.S. Senator Deb Fischer discusses national defense priorities, advocating for comprehensive military spending and modernization, particularly in missile defense. She also comments on the importance of U.S. leadership in artificial intelligence and recent actions against drug trafficking.
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Subsidies Shift Cost Pressure To Taxpayers
- Brian Blase says Obamacare's underlying subsidies cap enrollee payments so taxpayers pick up premium increases.
- That creates incentives for insurers to raise premiums and reduces pressure to lower provider prices.
Temporary Boosts Fueled Waste And Low Utilization
- Blase asserts COVID-era subsidy boosts caused waste and fraud, with over 25% of enrollees ineligible.
- He adds more than one-third of enrollees do not use their plans, signaling inefficiency.
Insurers Rely Heavily On Taxpayer Funding
- Blase highlights insurers receive 85% of Obamacare premium revenue from taxpayers, creating a dependency.
- He warns insurers treat the federal government as their primary client, fueling cronyism and profits.