Trump to halt ObamaCare subsidies: Report

shockedcanadian

Diamond Member
Aug 6, 2012
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Huge hit to Obamacare here, Trump doing the right thing. If these companies can't price themselves in the market and survive without government assistance, this should not be a burden on everyone.

Trump to halt ObamaCare subsidies: Report

President Donald Trump plans to halt payments to insurers under the Affordable Care Act, the 2010 health care law also known as ObamaCare.

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.

Word of Trump’s latest plan came from two people familiar with the decision, who spoke to the Associated Press. They requested anonymity because they were not authorized to speak publicly.

The White House said 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 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.

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.”

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.
 
When Trump's base cries about losing their healthcare, Republi-clans laugh and laugh and laugh.
 
When Trump's base cries about losing their healthcare, Republi-clans laugh and laugh and laugh.


Notice this follows his EO today to allow cross state bids for insurance?

He knows exactly what he is doing. Big government trough for big medical companies in particular big socialists states, will now suffer the most. I'm guessing NY and Cali. This will force democrats to come to the table and actually grow a spine, as their voters and donors will ask them what they are doing to repeal and replace because their companies no longer can offer the same, they will have more choice though.

Trump really is a president of action and when he goes for it, he goes full throttle, no bs and lengthy and expensive dragging, get it done and force others to govern as well and not just block government progress. Policies which American voters want enacted. Capitalism, free markets, responsible use of taxes, lower regulations, better trade deals (or withdraw from them).
 
The man has balls.

Traditional Wisdom is that once a Federal Give-Away Program has vested...it can never be taken away...because nobody in the Swamp has the guts to do so amid the screeching from the Democrat/Bolsheviks and their Pravda-like New York Media.

Some people are going to have to get off the Front Porch of the Federal Plantation and start helping to support themselves...instead of looking to hard-working Americans with their own families to do it for them.

Socialism takes a hit. Ron Reagan would be impressed.
 
Huge hit to Obamacare here, Trump doing the right thing. If these companies can't price themselves in the market and survive without government assistance, this should not be a burden on everyone.

Trump to halt ObamaCare subsidies: Report

President Donald Trump plans to halt payments to insurers under the Affordable Care Act, the 2010 health care law also known as ObamaCare.

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.

Word of Trump’s latest plan came from two people familiar with the decision, who spoke to the Associated Press. They requested anonymity because they were not authorized to speak publicly.

The White House said 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 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.

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.”

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.

The problem with the free market when it comes to healthcare is that I'm not a car. My body isn't something I can live without if I can't afford the maintenance.
 
None of the Democrats would sign onto "repeal" bills that merely tweak Obamacare. But, sooner or later, Democrats might be forced to agree to a pseudo-repeal bill. Trump should do his part to make it sooner. And, this is a step in that direction.
 
Huge hit to Obamacare here, Trump doing the right thing. If these companies can't price themselves in the market and survive without government assistance, this should not be a burden on everyone.

Trump to halt ObamaCare subsidies: Report

President Donald Trump plans to halt payments to insurers under the Affordable Care Act, the 2010 health care law also known as ObamaCare.

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.

Word of Trump’s latest plan came from two people familiar with the decision, who spoke to the Associated Press. They requested anonymity because they were not authorized to speak publicly.

The White House said 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 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.

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.”

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.

The problem with the free market when it comes to healthcare is that I'm not a car. My body isn't something I can live without if I can't afford the maintenance.

Sooo, you have the right to someone else's income because why, you earned it?
 
The man has balls.

Traditional Wisdom is that once a Federal Give-Away Program has vested...it can never be taken away...because nobody in the Swamp has the guts to do so amid the screeching from the Democrat/Bolsheviks and their Pravda-like New York Media.

Some people are going to have to get off the Front Porch of the Federal Plantation and start helping to support themselves...instead of looking to hard-working Americans with their own families to do it for them.

Socialism takes a hit. Ron Reagan would be impressed.

That's an excellent point. It frustrates me to no end in Ontario that programs are used to buy votes, and future generations are being sold down the river for ones political career. It's disgusting.

As you said, very few lifelong politicians have the courage to get rid of an entitlement, no matter how much it costs and what economic harm it causes. Trump is there to govern and make tough decisions. Many countries in the West have to take their medicine, as too many have lived high off the hog.
 
The problem with the free market when it comes to healthcare is that I'm not a car. My body isn't something I can live without if I can't afford the maintenance.

There is no Free Market in medical care. Regulation has squeezed the freedom out of the market, resulting in skyrocketing prices. Regulation is why you can't afford medical care.

Republicans should fix and expand Obamacare, and deregulate the market to control costs. But, the worthless GOP party is going to leave it to the Democrats to eliminate Obamacare and replace it with something inherently worse.
 
If Obamacare was truly "IMPLODING!" like Republicans have been crowing for the longest...why is this stunt even necessary?
 
If Obamacare was truly "IMPLODING!" like Republicans have been crowing for the longest...why is this stunt even necessary?

If Democrats won't cooperate with Republicans in tweaking Obamacare, then it's fair for Trump to shove Obamacare off a cliff and force Democrats to the table.
 
Huge hit to Obamacare here, Trump doing the right thing. If these companies can't price themselves in the market and survive without government assistance, this should not be a burden on everyone.

Trump to halt ObamaCare subsidies: Report

President Donald Trump plans to halt payments to insurers under the Affordable Care Act, the 2010 health care law also known as ObamaCare.

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.

Word of Trump’s latest plan came from two people familiar with the decision, who spoke to the Associated Press. They requested anonymity because they were not authorized to speak publicly.

The White House said 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 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.

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.”

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.

What the hell do you care you live in Canada. No the premiums will not be lower except for the young and healthy, once they get a pre existing condition they will go sky high like they use to be.
 
If Obamacare was truly "IMPLODING!" like Republicans have been crowing for the longest...why is this stunt even necessary?

If Democrats won't cooperate with Republicans in tweaking Obamacare, then it's fair for Trump to shove Obamacare off a cliff and force Democrats to the table.

No it was the Reps who voted no, the Dems said they would work with lawmakers to help the ACA to make it better. This is TrumpCare now , he nows owns it.
 
If Obamacare was truly "IMPLODING!" like Republicans have been crowing for the longest...why is this stunt even necessary?

If Democrats won't cooperate with Republicans in tweaking Obamacare, then it's fair for Trump to shove Obamacare off a cliff and force Democrats to the table.

Eh, Democrats are in full sedition .. top to bottom, a positive solution from them is laughable...

They're more like yapping dogs and parasites than responsible politicians.
 
Huge hit to Obamacare here, Trump doing the right thing. If these companies can't price themselves in the market and survive without government assistance, this should not be a burden on everyone.

Trump to halt ObamaCare subsidies: Report

President Donald Trump plans to halt payments to insurers under the Affordable Care Act, the 2010 health care law also known as ObamaCare.

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.

Word of Trump’s latest plan came from two people familiar with the decision, who spoke to the Associated Press. They requested anonymity because they were not authorized to speak publicly.

The White House said 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 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.

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.”

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.

Thank you POTUS. Subsidies were Un-Constitutional

-Geaux
 
If Obamacare was truly "IMPLODING!" like Republicans have been crowing for the longest...why is this stunt even necessary?

If Democrats won't cooperate with Republicans in tweaking Obamacare, then it's fair for Trump to shove Obamacare off a cliff and force Democrats to the table.

Eh, Democrats are in full sedition .. top to bottom, a positive solution from them is laughable...

They're more like yapping dogs and parasites than responsible politicians.

Here is hoping you become uninsurable, and loose your job if you even work.
 

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