The following article by James Hohmann with Breanne Deppisch and Joanie Greve was posted on the Washington Post website October 13, 2017:
President Trump’s decision to halt payments for cost-sharing reductions and his health-care executive order will have ripple effects throughout the Affordable Care Act’s marketplaces. Here’s what you need to know. (Video: Jenny Starrs/Photo: Jabin Botsford/The Washington Post)
THE BIG IDEA: President Trump took two giant steps Thursday to disembowel the Affordable Care Act.
The administration announced late last night that he will immediately halt cost-sharing reductions. These $7 billion in annual subsidies to health insurers allow around 7 million low-income Americans to afford coverage. Continue reading “Throwing a bomb into the insurance markets, Trump now owns the broken health-care system”