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re: 18 States Sue to Challenge Loss of Subsidies

Posted on 10/13/17 at 11:42 pm to
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 10/13/17 at 11:42 pm to
quote:

Yeah, you don't have a clue what you are talking about. This has nothing to do with subsidies. It's about CSRs. And guess what? Insurance companies haven't been getting the CSRs for a couple years anyway. The payments that he signed to stop, had already stopped when it went to court.




I'm sorry to break it to you, but it is you who is not quite understanding this, Trump has been paying them up until this announcement:

LINK

Now, insurers have been anticipating this potentially happening, so many have already submitted premium increases making that assumption, but many others have not, and a group of health economists have done a good job inventorying how states and individual insurers within that state are planning to respond:
LINK /
LINK /

The way this works is the law mandates insurers in the market administer the CSR's. Economic subsidies that bring down the out-of-pocket costs for qualifying participants. The insurer is than reimbursed by the government after the fact, as pointed out in the clause I highlighted in my earlier post.

Trump has decided not to pay that reimbursement. The effect of which are the things I have mentioned.
This post was edited on 10/13/17 at 11:57 pm
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