Politics Trump to halt 'massive' ObamaCare subsidies; legal fight likely

15:04  13 october  2017
15:04  13 october  2017 Source:   foxnews.com

Trump to cut off key ObamaCare payments: report

  Trump to cut off key ObamaCare payments: report President Trump plans to cut off key payments to insurers selling ObamaCare coverage, Politico reported Thursday, citing two sources familiar with the matter.Such an action would represent Trump's most aggressive move yet to dismantle ObamaCare, after GOP efforts to repeal and replace the health-care law failed this year.Trump has repeatedly threatened to cut off the disbursements to insurers, known as Cost Sharing Reduction (CSR) payments. They are worth an estimated $7 billion this year, Politico noted.

Trump takes on ObamaCare subsidies . President Trump plans to halt payments to insurers under the Affordable Care Act "immediately," in a major blow to ObamaCare that is likely to draw a legal challenge.

Share: President Trump plans to halt payments to insurers under the Affordable Care Act “immediately,” in a major blow to ObamaCare that is likely to draw a legal challenge. Massive subsidy payments to their pet insurance companies has stopped.

<p>Before announcing his plan to halt health care subsidies for low-income people, President Trump signed an executive order to allow alternative health plans.</p> © The Associated Press

Before announcing his plan to halt health care subsidies for low-income people, President Trump signed an executive order to allow alternative health plans.

President Trump plans to halt payments to insurers under the Affordable Care Act "immediately," in a major blow to ObamaCare that is likely to draw a legal challenge. 

The president, though, used the overnight decision to up pressure on Democrats to negotiate a "fix" to the "imploding" health care law. 

"The Democrats ObamaCare is imploding. Massive subsidy payments to their pet insurance companies has stopped. Dems should call me to fix!" he said in a pre-dawn tweet on Friday. 

New York, California threaten to sue over health-care subsidies

  New York, California threaten to sue over health-care subsidies Attorneys general from California and New York say they are prepared to sue the Trump administration to protect health-care subsides that the White House said would be cut off.&nbsp;New York Attorney General Eric Schneiderman (D) said in a statement that hundreds of thousands of New York families rely on ObamaCare's subsidies for their health care.

President Trump plans to halt payments to insurers under the Affordable Care Act immediately, in a major blow to ObamaCare that is likely to draw a legal challenge. 5 months ago.

President Trump plans to halt payments to insurers under the Affordable Care Act “immediately,” in a major blow to ObamaCare that is likely to draw a legal challenge.

It’s the latest effort in the president’s bid to ultimately “repeal and replace” what’s considered the signature legislation of his White House predecessor.

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

"We will discontinue these payments immediately," said acting HHS Secretary Eric Hargan and Medicare administrator Seema Verma.

Trump's decision was 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.

GOP Rep. breaks with Trump: Cutting health care subsidies does 'opposite' of what he promised

  GOP Rep. breaks with Trump: Cutting health care subsidies does 'opposite' of what he promised A Republican lawmaker slammed President Trump's action on health care Friday.Rep. Ileana Ros-Lehtinen (R-Fla.) said that cutting key payments to ObamaCare insurers will mean more of her constituents will be uninsured.

Garbage. The damn federal subsidies are a drain on taxpaying citizens. It isn't magic money. Besides which it appears there is a bipartisan measure that Trump supports that will fund the subsidies for another two years.

#article # fight #fnc #fncpolitics #foxnewscom #foxnewshealth #foxnewspolitics # halt # legal # likely # massive # obamacare # subsidies # trump posted by pod_feeder.

Trump has privately told at least one lawmaker that the payments may continue if a bipartisan deal is reached on health care, The Wall Street Journal reported.

Pushback expected

The president's action will 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. Xavier Becerra, California’s attorney general, called the decision “sabotage,” and promised a lawsuit.

After the president’s intentions were disclosed, leading Democrats in Congress were quick to criticize the plan.

In a statement, Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Nancy Pelosi, D-Calif., predicted that Trump’s expected action would increase Americans’ health premiums by 20 percent or more.

"If these reports are true,” the Democrats said in the joint statement, referring to the president’s plans, “the president is walking away from the good-faith, bipartisan Alexander-Murray negotiations and risking the health care of millions of Americans.”

Trump tweets about Obamacare 'imploding' after decision to halt subsidies

  Trump tweets about Obamacare 'imploding' after decision to halt subsidies President says Democrats should call him after his decision to stop Obamacare subsidies to insurance companies because he said the health care law is "imploding." Mr. Trump made the comment early Friday on Twitter, after announcing that he's halting the cost-sharing reduction (CSR) payments on Thursday night. The Democrats ObamaCare is imploding. Massive subsidy payments to their pet insurance companies has stopped. Dems should call me to fix!— Donald J.

Trump to halt ‘ massive ’ ObamaCare subsidies , legal fight likely .

President Trump plans to halt payments to insurers under the Affordable Care Act immediately, in a major blow to ObamaCare that is likely to draw a legal challenge.. Read Full Article on Fox >>. Tags : Trump , halt , massive , ObamaCare , subsidies , legal , fight , likely .

The Democrats were referring to bipartisan talks being led by Sen. Lamar Alexander, R-Tenn., and Sen. Patty Murray, D-Wash., to seek a bipartisan agreement for funding ObamaCare subsidies and stabilizing health insurance markets.

Order to lower premiums

Earlier Thursday, Trump predicted that “millions and millions of people” would benefit from an executive order he signed Thursday to make lower-premium health insurance plans more widely available.

But the changes Trump hopes to bring about could take months or even longer. That's according to administration officials who outlined the order for reporters. The proposals may not be finalized in time to affect coverage for 2019, let alone next year.

White House domestic policy director Andrew Bremberg said that Trump still believes Congress needs to repeal and replace the Obama-era Affordable Care Act. The White House described the order as first steps.

Trump signed the order in the White House's Roosevelt Room surrounded by Vice President Mike Pence, members of his Cabinet and Congress. He employed the executive order because the Republican-controlled Congress has been unable to pass a plan to repeal and replace ObamaCare.

The president says the health care system "will get better" with his action, and the action will cost the federal government nothing.

The president says he still wants Congress repeal and replace the Obama health care law. But he says his order will give people more competition, more choices and lower premiums.

The Associated Press contributed to this story.

Some middle-class Americans worry Trump health subsidies cut will hurt .
Tom Westerman voted for Donald Trump in last year's election but says he might not do so again after the president cut off billions of dollars in Obamacare subsidies to health insurance companies. "It really upset me," said Westerman, 63, a self-described "middle-class guy" with an annual household income of about $60,000 in the western Pennsylvania city of Arnold.

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