Trump to halt ObamaCare subsidies: Report

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?
we all earned it, just by being human, my dear....

And by cutting the cost reduction subsidies for the poorest on Obama care, you just added a $200 billion dollar, 10 yr expence, on TO THE TAX PAYER....because without the CSR subsidies for the poorest and those with pre-existing conditions, ALL insurance premiums for everyone else on the exchange getting gvt subsidies....goes UP!

And those gvt subsidies for premiums are on a 'percentage basis of what the citizen can afford'....

When premiums go up for everyone getting premium gvt subsidies then the citizen does NOT have this go on to them.....they will still pay out of their pockets for the premium, as they paid before this huge premium cost hike...

and the govt picks up the rest....so, YOU the tax payer, is NOW paying $200 billion MORE for these other people on the exchange....

Really smart move! :rolleyes:


NOT!
 
No, there was only one entity, AT&T, that was broken up into regional companies. But with the rise of cellular networks, we've returned to a state where there are just a small handful of companies that control the overwhelming majority of market share. It's what's commonly referred to as an oligopoly.

Sprint and T Mobile are about the merge, and the small handful gets smaller.

So many industries are duopolies, or nearly so. They merge and merge until there are only two companies left (and which point the government doesn't allow mergers, unless you're two satellite radio companies). Twp car companies. Two cellphone OS companies. Two internet search companies. And, so on.

We often have illusions of greater competition, when third parties put their brand names on someone else's product, like Yahoo search or Kenmore appliances.
 
You people that are laughing in your glory that others are loosing healthcare deserve whatever you get. You will not get mercy from me, I'd have more mercy for a crack addict and an Hiv positive person that someone who voted for Trump and who is laughing at people losing healthcare.
no one is losing anything, titless, they will just have to learn to be adults.

Let them eat cake? I didn't know Maia Antoinette was still alive. Why don't you learn to be a human being.
I'm an adult, I take care of myself and my family.

Like every adult should.

and, again, no one is losing anything.
 
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.
Your inability to afford your body is YOUR problem, not mine.
 
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.
In truth, Trump didn't. The payments were unconstitutional.
 
You people that are laughing in your glory that others are loosing healthcare deserve whatever you get. You will not get mercy from me, I'd have more mercy for a crack addict and an Hiv positive person that someone who voted for Trump and who is laughing at people losing healthcare.
no one is losing anything, titless, they will just have to learn to be adults.

Let them eat cake? I didn't know Maia Antoinette was still alive. Why don't you learn to be a human being.
I'm an adult, I take care of myself and my family.

Like every adult should.

and, again, no one is losing anything.

You losing your preexisting condition among other things, and I sure hope you have one and lose your job, then lets see how well you take care of yourself.
 
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.
In truth, Trump didn't. The payments were unconstitutional.

No they weren't.
 
You people that are laughing in your glory that others are loosing healthcare deserve whatever you get. You will not get mercy from me, I'd have more mercy for a crack addict and an Hiv positive person that someone who voted for Trump and who is laughing at people losing healthcare.
no one is losing anything, titless, they will just have to learn to be adults.

Let them eat cake? I didn't know Maia Antoinette was still alive. Why don't you learn to be a human being.
I'm an adult, I take care of myself and my family.

Like every adult should.

and, again, no one is losing anything.

You losing your preexisting condition among other things, and I sure hope you have one and lose your job, then lets see how well you take care of yourself.
retard, you can't buy fire insurance once your house is on fire.

be an adult.
 
You people that are laughing in your glory that others are loosing healthcare deserve whatever you get. You will not get mercy from me, I'd have more mercy for a crack addict and an Hiv positive person that someone who voted for Trump and who is laughing at people losing healthcare.
no one is losing anything, titless, they will just have to learn to be adults.

Let them eat cake? I didn't know Maia Antoinette was still alive. Why don't you learn to be a human being.
I'm an adult, I take care of myself and my family.

Like every adult should.

and, again, no one is losing anything.

You losing your preexisting condition among other things, and I sure hope you have one and lose your job, then lets see how well you take care of yourself.
retard, you can't buy fire insurance once your house is on fire.

be an adult.

I know how ins works, do you. Doesn't' sound like you do, hopefully you will find out soon enough.
 
Riiiiight. There is leftist telling me that I don't know what the free market is.Are you high?

Well, you're the ones all addicted to heroin and opioids, so if there's anyone addicted to drugs here, it's the angry, stupid, white Trump voter.

Why don't you tell us what you think a "free market health care system" actually looks like. Because I doubt you've given it much thought.

Back that up with a link... :laugh:
 
The massive Obamacare tax credit subsidies are unaffected. And, the cost-raising regulation is also unaffected. Seriously, you think Trump eliminated Obamacare subsidies? Dumb, dumb. That's not even a passing thought for most Republicans.

He eliminated CSR payments which will cause premiums to increase. But the subsidies for people to buy insurance will increase too, meaning more spending on subsidies for health insurance, and an increase in premiums for everyone whose income is 433% above the poverty level, and those in the Medicaid gap.

This was the dumbest thing Trump could have done because all it does is prove that which most of is already knew; insurance companies cannot provide universal coverage and remain profitable. So since everyone needs health care, and insurance companies cannot deliver that health care, a single payer now makes the most sense.

The payments were ruled unconstitutional ... correct.

Your whining is just that.. Man up, get a job and quit being a race baiting racist and lying loser. Why should I support taxpayer charity for a thankless freeloader?
 
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no one is losing anything, titless, they will just have to learn to be adults.

Let them eat cake? I didn't know Maia Antoinette was still alive. Why don't you learn to be a human being.
I'm an adult, I take care of myself and my family.

Like every adult should.

and, again, no one is losing anything.

You losing your preexisting condition among other things, and I sure hope you have one and lose your job, then lets see how well you take care of yourself.
retard, you can't buy fire insurance once your house is on fire.

be an adult.

I know how ins works, do you. Doesn't' sound like you do, hopefully you will find out soon enough.
you have no clue, if you did you wouldn't have enough time to post here.
 
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.

I couldn't agree more. Let em get of their asses and pay for their own HC.

I'm not interested in subsidizing anyone for anything.
 
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.

I couldn't agree more. Let em get of their asses and pay for their own HC.

I'm not interested in subsidizing anyone for anything.

When leftists are losing their minds, and doubling down on wrong, you know that Trump did the right thing.

Now they're suing current president for ending the subsidies imposed by the previous president, that were unconstitutional at the first place.

"It's unconstitutional to undo unconstitutional order".

Grin.
 

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