9.2 C
Washington,US
Sunday, October 22, 2017
Home News Politics Trump to halt cost-sharing health subsidies

Trump to halt cost-sharing health subsidies

1
0


Trump to halt cost-sharing health subsidies
Share This Story!

Let friends in your social network know what you are reading about

Trump to end cost-sharing health subsidies that help low-income patients

Trump has previously threatened to end payments, which help reduce health insurance copays for people with modest incomes.

Try Another

Audio CAPTCHA

Image CAPTCHA

Help

Posted!

A link has been posted to your Facebook feed.

President Trump plans to halt payments to insurers under the Obama-era health care law that he has been trying to unravel for months.

That’s according to two people familiar with the decision who sought anonymity because they were not authorized to speak publicly.

The White House says in a statement that the Department of Health and Human Services has determined there is no appropriation for cost-sharing reduction payments to insurers under the Obamacare law.

Trump’s decision is expected to rattle already-unsteady insurance marketplaces. The president has previously threatened to end the payments, which help reduce health insurance copays and deductibles for people with modest incomes, but remain under a legal cloud.

The president’s action is likely to trigger a lawsuit from state attorneys general, who contend the subsidies to insurers are fully authorized by federal law, and the president’s position is reckless.

Read or Share this story: https://usat.ly/2wRHXS2



Source link