President Trump on Saturday threatened to end health care “bailouts” for insurers and lawmakers in Washington as he continues to push Congress to pass legislation repealing ObamaCare.
“If a new HealthCare Bill is not approved quickly, BAILOUTS for Insurance Companies and BAILOUTS for Members of Congress will end very soon!” Trump tweeted Saturday afternoon.
He also tweeted, “After seven years of ‘talking’ Repeal & Replace, the people of our great country are still being forced to live with imploding ObamaCare!”
Trump appears to be talking about cost-sharing subsidies for insurers. Mick Mulvaney, director of the Office of Management and Budget, recently told insurers such subsidies could end.
“We are looking at the cost-sharing payments on a month-to-month basis. We made them today. We’ll make them tomorrow,” Mulvaney said, according to the Independent Journal Review. “But I don’t think we’ll see a long-term commitment from this administration.”
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