Small businesses hurt by expiring health care subsidies
December 6, 2025
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1:48Now PlayingSmall businesses hurt by expiring health care subsidies
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Andrew Volk, a bar owner in Portland, Maine, told journalist Chris Vazquez several times that he isn’t an economist. But as a small business owner, he’s on the frontlines of the American economy. And what he’s seeing scares him.
As lawmakers stall on extending tax credits for people who get health insurance through the Affordable Care Act, Volk is already seeing ripple effects. As marketplace plan premiums are set to spike, so too are prices for private insurance that Volk offers his employees. He’s grappling with how to deal with price increases between 25 and 35 percent.
He also fears that as marketplace plans get more expensive without these tax credits, fewer people will give up employer-sponsored health insurance to start their own small businesses—something he was only able to do because of affordable marketplace insurance.
To hear from others facing rising health care costs and to learn about how we got here, check out other videos on our feed!
#healthcare #politics
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