CaliToday (16/11/2025): Aboard Air Force One, President slams insurer profits under the ACA, reveals plan to redirect "tens of billions" in subsidies from "giant conglomerates" to citizens.
President Donald Trump declared Friday that the "era of Obamacare is over," announcing a dramatic new plan to dismantle the Affordable Care Act (ACA) and replace it with a system of direct payments to citizens, allowing them to purchase their own healthcare plans.
The forceful statements came during a press gaggle on November 14, 2025, where the President was questioned about his new policy on health subsidies a critical issue impacting millions of American households.
The "Un-Affordable" Act
President Trump did not mince words, branding the ACA as the "'Un-Affordable Care Act.'"
He argued that the law, while intended to lower costs, had achieved the opposite, causing premiums to "skyrocket." The President alleged that the primary beneficiaries of the system were not patients, but insurance corporations.
"The insurance companies... they have made hundreds of billions of dollars," Trump stated. He claimed that some insurance stocks had seen increases of "over 1,000% in just a few years," while ordinary Americans were "forced to pay higher and higher premiums."
A "Great Deal": Redirecting Billions to the People
The President vowed his replacement plan "will be one of the greatest deals America has ever made."
The core mechanism of the proposal involves a massive shift in how federal health subsidies are distributed. Instead of the current system where the government sends tax credits (subsidies) to insurance companies to lower premiums for eligible individuals, Trump's plan would eliminate the middleman.
"Instead of sending tens of billions of dollars every year to these giant insurance companies," the President explained, "the government will send all that money directly to the people."
He insisted this money the same funds currently propping up the ACA exchanges—is "more than enough" for households to "buy higher-quality health insurance at a much lower cost" than what is available under the current Obamacare structure.
Unlocking a "Real Free Market"
When reporters pressed whether this meant Americans would still be captive to the same private insurance companies, the President countered that his policy would finally create a "real free market" for healthcare.
He outlined a system defined by choice:
Citizens could purchase traditional insurance plans.
They could utilize Health Savings Accounts (HSAs) and other tools.
They could negotiate prices directly.
They could opt for new, more flexible private insurance models tailored to their needs.
"The biggest difference," President Trump emphasized, "is that the money is in the hands of the people. It will no longer flow into the pockets of giant insurance conglomerates, as it did under the Democrats."
He concluded that the new framework would deliver on his promise of "better, cheaper, and more transparent" insurance, while ensuring government spending is "more efficient" and "no longer feeds the 'big guys'" of the insurance industry.