Day 267: Imploding broken mess.
WTF Just Happened Today
English - October 13, 2017 21:37 - 5 minutes - 10.2 MB - ★★★★★ - 438 ratingsNews Homepage Download IPFS Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Friday, October 13, 2017
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1/ Trump will cut off essential subsidy payments to Affordable Care Act insurers. The subsidies are used to pay out-of-pocket costs for low-income people and represent an estimated $7 billion this year. A White House statement directed Congress to...
Visit WTF Just Happened Today? for more news and headlines, brought to you by Matt Kiser. The WTFJHT Podcast is narrated and produced by Joe Amditis.
Friday, October 13, 2017
Subscribe: Get the Daily Update in your inbox for free
1/ Trump will cut off essential subsidy payments to Affordable Care Act insurers. The subsidies are used to pay out-of-pocket costs for low-income people and represent an estimated $7 billion this year. A White House statement directed Congress to "repeal and replace the disastrous Obamacare law and provide real relief to the American people" because "the government cannot lawfully make the cost-sharing reduction payments." Trump said the ACA was "imploding" and called it a "broken mess" in a pair of tweets. Chuck Schumer and Nancy Pelosi responded, saying Trump had “apparently decided to punish the American people for his inability to improve our health care system.” Nearly 6 million enrollees qualify for the cost-sharing payments this year. (Politico / New York Times / CNN)
The Democrats ObamaCare is imploding. Massive subsidy payments to their pet insurance companies has stopped. Dems should call me to fix!
— Donald J. Trump (@realDonaldTrump) October 13, 2017ObamaCare is a broken mess. Piece by piece we will now begin the process of giving America the great HealthCare it deserves!
— Donald J. Trump (@realDonaldTrump) October 13, 20172/ Insurers pushed back against Trump's decision to cut the ACA's cost-sharing reduction subsidies. “This action will make it harder for patients to access the care they need. Costs will go up and choices will be restricted,” the Blue Cross Blue Shield Association and America’s Health Insurance Plans said in a joint statement. “These benefits help real people every day, and if they are ended, there will be real consequences." (The Hill)
3/ New York and California threatened to sue the Trump administration over health care subsidies the White House said it would cut off. "Again and again, President Trump has threatened to cut off these subsidies to undermine our healthcare system and force Congress to the negotiating table," New York Attorney General Eric Schneiderman said in a statement. He added that Trump is using people as "political pawns in his dangerous, partisan campaign to eviscerate the Affordable Care Act at any cost." (The Hill)
I am prepared to sue the #Trump Administration to protect #health subsidies, just as when we successfully intervened in #HousevPrice!
— X...Visit WTF Just Happened Today? for more news and headlines, brought to you by Matt Kiser. The WTFJHT Podcast is narrated and produced by Joe Amditis.