Trump could quickly doom ACA cost-sharing subsidies for millions of Americans – The Washington Post

https://www.washingtonpost.com/national/health-science/trump-could-quickly-doom-aca-cost-sharing-subsidies-for-millions-of-americans/2016/12/21/05349066-c2fc-11e6-9a51-cd56ea1c2bb7_story.html?utm_term=.aef5fb3cfbb4

2016-12-22T094710Z_01_LONX400_RTRIDSP_3_EUROPE-2017-FACES.jpg?uuid=hpZONshiEeaFtXZhajMEjQ
The Affordable Care Act’s cost-sharing subsidies could be eliminated as soon as President-elect Donald Trump takes office. (Lucas Jackson/Reuters)

Even without Congress repealing the Affordable Care Act, the Trump administration could undermine the law by unilaterally ending billions of dollars the government pays insurers to subsidize the health coverage of nearly 6 million Americans.

Given that insurers would still be required to provide consumers that financial help, such a move could create upheaval in the ACA’s marketplaces — prompting health plans to raise their prices or drop out, according to health-policy experts in both major political parties.

Intervention by the new president to stop the payments “would precipitate a pretty serious crisis almost immediately” unless Congress stepped in, said James Capretta, a resident fellow at the American Enterprise Institute……

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s