Trump could blow up Obamacare with one move
But it's a risky maneuver because the GOP might be blamed for the resulting chaos.
President Donald Trump says that Obamacare is going to explode.
But if that happens, it will likely be because his administration supplies the spark that detonates the marketplaces.
The White House could decide at any time to eliminate subsidies that insurers rely on to lower costs for Obamacare’s poorest customers, as a result of a court win by House Republicans last spring.
“It’s one thing to say we’re going to watch Obamacare collapse,” said Kathy Hempstead, who oversees coverage programs for the Robert Wood Johnson Foundation. “It’s another to shoot it in the head.”
Continue Reading …
This is why Obamacare Premiums went up in 2015/16, because the provision for subsidization permitted Congress to decide upon the amount reimbursed to the Ins. Co.s. Congress reimbursed about $900 Million for a bill over $2 Billion, causing Premiums to rise, AND other companies to Opt Out of providing Obamacare coverage. It’s always the same strategy with Republicans; De-Fund, Claim Dysfunction, Repeal! Well, if you De-Fund it, assholes, it ain’t gonna work! Why not tell THAT to the American Public?!