Is Obamacare doomed without extended subsidies?

Health insurance subsidies are at the center of the current government shutdown. Democrats want to extend some expiring Affordable Care Act/Obamacare subsidies. Obamacare has weathered several political storms since its inception, but how will it fare without those subsidies? <br /><br />Today on the show, death spirals and the future of Obamacare.<br /><br /><strong>Related episodes: </strong><br /><a href="https://www.npr.org/2025/06/12/1254056490/healthcare-churn-insurance-medicaid-america" target="_blank">The hidden costs of healthcare churn</a> <br /><a href="https://www.npr.org/2025/06/09/1253891564/how-doctors-helped-tank-universal-health-care" target="_blank">How doctors helped tank universal healthcare</a> <br /><br /><em>For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at </em><a href="http://plus.npr.org/" target="_blank"><em>plus.npr.org</em></a><em>. Fact-checking by </em><a href="https://www.npr.org/people/1268825622/sierra-juarez" target="_blank"><em>Sierra Juarez</em></a><em>. Music by </em><a href="https://dropelectric.bandcamp.com/" target="_blank"><em>Drop Electric</em></a><em>. Find us: </em><a href="https://www.tiktok.com/@planetmoney" target="_blank"><em>TikTok</em></a><em>, </em><a href="https://www.instagram.com/planetmoney/" target="_blank"><em>Instagram</em></a><em>, </em><a href="https://www.facebook.com/planetmoney" target="_blank"><em>Facebook</em></a><em>, </em><a href="https://www.npr.org/newsletter/money" target="_blank"><em>Newsletter</em></a><em>.  </em><br /><br />See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.<br /><br /><a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>