IT’S OFFICIAL: Trump Sabotages Obamacare By Ending Subsidies That Help Lower Costs
Donald Trump will end key payments to insurers selling ObamaCare plans, the White House announced late Thursday, marking Trump’s most aggressive move yet to dismantle the law after multiple GOP efforts to repeal and replace it failed this year.
The Trump administration has continued making the disbursements to insurers, known as cost sharing reduction (CSR) payments, on a monthly basis. But Trump had consistently threatened to end the payments, which are worth an estimated $7 billion this year.
“Based on guidance from the Department of Justice, the Department of Health and Human Services has concluded that there is no appropriation for cost-sharing reduction payments to insurance companies under Obamacare. In light of this analysis, the Government cannot lawfully make the cost-sharing reduction payments,” the White House said in a statement Thursday night.
The payments were created as part of the Affordable Care Act, but were then the subject of a lawsuit by House Republicans during the Obama administration. A federal court ruled the payments were being made illegally, but the Obama administration appealed.
Twitter is not happy:
He likely doesn’t even understand what this will do. He just has to undo all Obama things to fill the hole inside. https://t.co/Tj8BsICWkx
— Joy Reid (@JoyAnnReid) October 13, 2017
Hi, red state voters! Don’t forget it was Trump and the GOP who trashed your healthcare. See you at the polls! https://t.co/Yd3yGYN3BF
— shauna (@goldengateblond) October 13, 2017
It's official: after today, Trump OWNS whatever happens to Obamacare.
Pass it on.
— Seth Abramson (@SethAbramson) October 12, 2017
Sadly, instead of working to lower health costs for Americans, it seems @POTUS will singlehandedly hike Americans’ health premiums.
— Chuck Schumer (@SenSchumer) October 13, 2017
Trump is sabotaging Obamacare — forcing people to pay higher premiums & out of pocket costs….and deny coverage to millions. Monstrous https://t.co/5Azc7LfaLt
— igorvolsky (@igorvolsky) October 13, 2017
If true, this is Trump's effort to smother Obamacare and then claim it failed on its own. This would be a huge blow to Americans. https://t.co/1EdLzcj0ze
— Nicholas Kristof (@NickKristof) October 13, 2017