Trump to end insurer subsidies: Report

by
October 13, 2017

64805290President Trump intends to end insurance subsidies under Obamacare, a move that would likely result in lawsuits and put pressure on Congress to act.

Trump has been authorizing the funds, known as cost-sharing reduction subsidies, every month, but plans to end them, according to Politico. The president has said for months that he was considering the move in order to bring about a deal on healthcare, and the decision comes only hours after he signed an executive order on Obamacare that critics said would damage the Obamacare exchanges.

Cost-sharing subsidies have featured heavily in the debate over who is responsible for the troubles facing Obamacare’s exchanges. The funds were originally authorized under former President Barack Obama, resulting in a lawsuit by the House because Congress had not appropriated them. A federal judge sided with the House but the funds continued to be authorized as the case was under appeal, a situation that remained in limbo as Trump took the helm at the Oval Office.

The money, estimated at roughly $7 billion for this year, pays for low-income consumers’ out-of-pocket medical expenses. Under Obamacare, insurers are required to offer lower costs for these services, for which the government then reimburses them. If they do not receive the funding, they must still offer discounts, and without an action from Congress they would be likely to sue for the money.

  • Oldawg70

    Terminate subsidies to every business that has even one employee/executive whose income including perks exceeds the salary of the POTUS!

  • Tiger

    “The funds were originally authorized under former President Barack
    Obama, resulting in a lawsuit by the House because Congress had not
    appropriated them. A federal judge sided with the House but the funds
    continued to be authorized as the case was under appeal, a situation
    that remained in limbo as Trump took the helm at the Oval Office.”

    7 billion this year alone. If I read this correctly, Congress did not appropriate these funds and Obama broke the law again, so why after all the law breaking, along with Treason is the man still free?

    Stop these subsidies then stop the congress from getting special treatment and put them all on O care.

  • usmcltc

    I love how the insurance companies NOW have people receiving subsidies fighting with the current administration over stopping these subsidies. First, the subsidies were not legal, as Congress NEVER appropriated the funds to pay for the estimated $7 Billion (with a B) for the subsidies. So much for the Constitution and the rule of law.
    Flash: The insurance companies are the ones who set the cost of premiums, HOW MUCH THEY WILL PAY, set copays, set the percentages of coinsurance, and amount of deductibles. THEY, the insurance companies, are the ones who are driving the cost of healthcare insurance through the roof.
    If people can not afford health insurance, it is not their fault, it is the fault of the insurance companies charging ever increasing prices and pay less and less on claims. Of course Obamacare gave them an EXCUSE for charging ever higher prices for insurance – insuring people with preexisting conditions, and not requiring them to pay more than well people. Why isn’t the government going after the people who are causing the problem? No, they are letting the insurance companies call the shots, and if they don’t make large profits, they, you guessed it, leave the market are raise prices so no one in the middle class can afford to have that insurance.

    • Jan

      Thank you for understanding that all people cannot afford the premiums of the bloated Healthcare industry. They are getting rich on the backs of the American people. I would love to be able to afford 400.00 a month for Health Insurance. I cant!!!!! I have meds that are costing me 600,00 plus a month because I had to choose a lousy company(Health Net) because that is all I could afford. I’m paying Major Medical Bills because they paid so little for all my surgery related bills. I don’t know what the answer is but at least the subsidies have helped me have surgery and meds. These people that think there is so much help out there for people like me should try walking in my shoes. I make just enough money to not be eligible for Medi/cal and many of the other programs that would lower some of my costs. So tell me people what do those like me do????

      • usmcltc

        I understand your situation, and I am sorry that you have to go through what you go through.
        I was a medical biller for two medical practices for a number of years, so I understand what insurance companies do to NOT pay on claims and still raise policy premiums. The insurance companies are the only businesses where their goal (make money for their investors) is in direct conflict with the services they provide (pay out money to health care providers). To meet their goal, they have to increase the money they take in through policy premiums, increase deductible, and/or increase coinsurance OR pay out LESS money to health care providers. They do BOTH and our government lets them make millions at our expense. How sad!

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  • Humble Servant

    This all started back with Obama illegally forcing payment to insurers for medical expenses not appropriated for. This was an executive order and it has now cause an uproar because once you give a freebee you can’t take it away. This was wrong in the beginning and it is still wrong. Just because you think it is OK to take the food from your neighbors garden does not make it right even if Obama said you could. If you were earning your way and paying your way and you were not able to provide help for yourself and children there is many private systems available out there to help you. If the tax plan goes through and we can keep more of our taxable income this would allow us to give more to these private helping organizations. Stop depending on government and start carrying the load ourselves. Government is a bloated pig and if it is not stuck back in its place of protecting America, instead of all the other things it has it’s fingers into, we will suffer the consequences of it’s actions like insurance policies. I don’t want the government anywhere near my healthcare decision making.

  • bobnstuff

    “I have a phone and a pen” Legislation by EO, wasn’t that a problem for republicans just a short time ago. Illegal EO’s that changed laws. The big difference is Trump has a republican congress who I think is his party and Obama had a republican congress that for sure wasn’t his party.

    • chw2000

      You just really hate Trump don’t you. You never said crap about Obama’s EO’s. You site here and claim to be a “moderate Republican”. Well, ass hole, you can go to hell for lies just as you can for killing.
      Admit it Bob, you’re a Democrat!

      • bobnstuff

        So are Trump EO’s any more legal then Obama’s? Trump’s will be over turned in most cases not because they are illegal by nature but because Trump hasn’t a clue how to right an EO. Of course if Congress did their job Trump wouldn’t get a chance to show how little he understands about healthcare or anything else for that matter. Also do you support Trump taking power away from the state? This EO does just that. The reason insurance companies can’t sell across state lines is the law that give the states power over insurance in their state. States rights are involved here. Who should have the power, the federal government or the state government?

        • Pete

          No doubt heavily invested in the insurance companies, (just a guess). You seem hell bent on protection of their profits at the expense of the ordinary tax payer.

          • bobnstuff

            They make more money on those junk policies that pay out nothing. I support the single payer plan myself, like Australia has. Trump at one time thought it was a good idea to.
            http://www.dailymail.co.uk/news/article-4477232/Trump-praises-Australia-s-universal-health-care-system.html

          • gvette

            LMSO..of course you’d support a step closer to communism. You loved Barry, and are still pissed worthless Killary didn’t win!

          • bobnstuff

            I’m with Trump on this one. He’s the one who praised the Australian healthcare system. If Trump likes it it must be good.

      • Ramon1710 .

        Bobisstuffed’s more fornicatingly stupid than democrat, unless he’s just a pathetic paid troll.

        • bobnstuff

          So are EO’s legal? Simple question. The conservatives said know for years so did the law change?

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