Nobel Prize winner warns GOP health plan will hike costs, force millions off insurance
U.S. President Donald Trump speaks in the Oval Office as he signs an executive order recommending loosening the federal regulations on marijuana, at the White House in Washington, D.C., U.S., December 18, 2025. (REUTERS/Evelyn Hockstein)

Nobel-winning economist Paul Krugman warns that the GOP’s proposed health care plan would make insurance far less affordable for most Americans. Writing on Substack, Krugman explained that while the plan superficially replaces government subsidies with direct payments, Republicans are unlikely to provide enough support to keep coverage accessible. As a result, millions could drop insurance, leaving a sicker, older pool behind and driving premiums even higher. He also criticized Trump’s recent national address as evidence of poor governance and policy mismanagement.

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Nobel Prize winner warns GOP health plan will hike costs, force millions off insurance