President Donald Trump has announced the “Great Healthcare Plan,” aiming to send health care money directly to individuals instead of insurers. However, details on who qualifies, payment amounts, and start dates are unclear. The plan includes lowering drug prices, reducing insurance premiums, and increasing transparency from insurers and providers.

The cost of health insurance on ACA Marketplaces has risen by an average of 26% in 2026 due to the expiration of enhanced ACA subsidies. Subsidized enrollees paid $888 on average in 2025, increasing to $1,904 in 2026, a 114% rise. Signups decreased by over 800,000 from the previous year.

Trump’s plan involves giving money directly to individuals for health care expenses. Concerns arise over whether this amount will match the lost subsidies. Some have suggested replacing ACA subsidies with Health Savings Accounts (HSAs), which may not provide enough financial support, especially for older enrollees.

Health care advocates criticize the plan, stating it will not prevent premium hikes or benefit those with pre-existing conditions. Experts warn that direct payments may not be sufficient for individuals to afford health care costs. The “Great Healthcare Plan” may take months to become law and may not provide the expected financial relief.

While ACA open enrollment has ended in most states, special enrollment periods are available for major life changes. Consumers facing increased premiums should explore different coverage options, consider tax-advantaged accounts, and stay informed about potential changes in Congress. It is essential to focus on current coverage and consult professionals for the best deals.

Read more at Yahoo Finance: Trump promises health care cash directly to you, but one expert says plan to pay ‘small checks’ a ‘joke’ as costs jump