Donald Trump to stop key Obamacare payments

Donald Trump signs executive order to allow small business to skirt Obamacare rules

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Donald Trump signs executive order to allow small business to skirt Obamacare rules

White House says it ‘cannot lawfully pay’ subsidies to health insurers

One-Minute Read

Friday, October 13, 2017 – 5:47am

The White House has announced the immediate scrapping of subsidies to health insurance companies under the Obamacare health law, designed to help pay out-of-pocket expenses for low-income earners.

The decision to stop paying the subsidies was made on guidance from the Justice Department, after Republicans successfully claimed the Affordable Care Act did not contain specific language providing appropriations to cover the cost, an estimated £6.7 billion for the coming year.

“The government cannot lawfully make the cost-sharing reduction payments. Congress needs to repeal and replace the disastrous Obamacare law and provide real relief to the American people,” the White House said in a statement.

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“After Republicans failed to repeal the health law in Congress, Trump appears determined to dismantle it on his own,” the New York Times says.

In a joint statement, the …read more

Source:: The Week – All news

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