Budget bill passed by Senate will saddle millions more with crippling medical debt
Queens, New York – July 1, 2025 – “At a time when so many are struggling to afford their basic needs and when 100 million in this country are burdened by at least $220 billion in medical debt, the Senate just passed a bill that will only make the medical debt crisis worse,” shares Undue CEO and president Allison Sesso.
“The bill just approved by the Senate will terminate healthcare for an estimated 17 million people, nearly double insurance premiums for millions more and lead to rising costs for all of us. These changes will push more people into medical debt, to the tune of an additional 5.4 million people burdened by $50 billion in additional medical debt — a 15% increase on current medical debt.”
Allison continues, “This is an issue transcending politics — over 90% of U.S. adults agree that elected officials must pass policies that protect people from medical debt. The One Big Beautiful Act fails to meet this moment and will instead turn the medical debt crisis into a catastrophe.”
It’s not too late! Contact your representative today by using this link, or call 866-426-2631 and enter your zip code followed by the “#” sign when prompted.
The latest version of the “One Big Beautiful Bill Act” will:
- Increase the federal deficit by $3.3 trillion over the next decade
- Not extend enhanced premium tax credits” that help over 22 million people afford marketplace insurance plans and are set to expire at the end of 2025.
- The subsidies have decreased premiums for low- and moderate-income families by over $700/year.
- Require Medicaid recipients above the federal poverty line to “cost share” by paying higher premiums and copayments.
- Threaten hospital solvency and threaten nearly 500,000 healthcare jobs with over 330 rural hospitals at risk of closing their doors.
- Institute “eligibility and enrollment” requirements (costly red tape requiring people to submit and process multiple forms to enroll in and maintain Medicaid coverage) and burdensome paperwork requirements to prove you are working that will result in an estimated 6.1 million people becoming uninsured by 2034, per the Congressional Budget Office (CBO).
