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Trump scraps cost-sharing subsidies for Obamacare

Posted on 10/12/17 at 9:54 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69294 posts
Posted on 10/12/17 at 9:54 pm
quote:

President Donald Trump plans to cut off subsidy payments to insurers selling Obamacare coverage in his most aggressive move yet to undermine the health care law, according to two sources.

The subsidies, which are worth an estimated $7 billion this year and are paid out in monthly installments, may stop almost immediately since Congress hasn’t appropriated funding for the program.


quote:

The decision, leaked only a few hours after Trump signed an executive order calling for new regulations to encourage the rise of a raft of cheap, loosely regulated health plans, delivers a double blow to Obamacare after months of failed GOP efforts to repeal the law. With open enrollment for the 2018 plan year set to launch in two weeks, the moves seem aimed at dismantling the law through executive actions.


quote:

“While I’m sure initial reactions will be negative, this might be the spark Congress needs to act on this issue," said an insurance lobbyist who declined to be named. "There was no pressure before … That might actually be the silver lining.”


LINK


This post was edited on 10/12/17 at 10:03 pm
Posted by Zahrim
McCamey Texas
Member since Mar 2009
7667 posts
Posted on 10/12/17 at 9:55 pm to
in
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 10/12/17 at 9:56 pm to
He literally wins 24 7
Posted by jamboybarry
Member since Feb 2011
32647 posts
Posted on 10/12/17 at 9:56 pm to
Down goes Obamacare
Posted by roadGator
Member since Feb 2009
140394 posts
Posted on 10/12/17 at 9:56 pm to
Bamasjw melt in short order
Posted by Tiger Prawn
Member since Dec 2016
21896 posts
Posted on 10/12/17 at 9:57 pm to
He lied to me. Told me I’d get tired of all the winning.
Posted by Blizzard of Chizz
Member since Apr 2012
19045 posts
Posted on 10/12/17 at 9:57 pm to
frickers should have acted when they had a chance. Don has a pen and a phone too and has shown no fear of political repercussions using it
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67887 posts
Posted on 10/12/17 at 9:58 pm to
He was more than generous with Congress.

Gave them every opportunity to deal with it.

They punted.
Posted by AU86
Member since Aug 2009
22375 posts
Posted on 10/12/17 at 9:59 pm to
Sounds like Obama’s legacy is in it’s death throes. The walls in his presidential library will be bare and the rooms empty.



Posted by 225bred
COYS
Member since Jun 2011
20386 posts
Posted on 10/12/17 at 9:59 pm to
L a n d s l i d e 2 0 2 0
a
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d
s
l
i
d
e

2
0
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0
Posted by HonoraryCoonass
Member since Jan 2005
18072 posts
Posted on 10/12/17 at 10:00 pm to
I think it moved.
Posted by rds dc
Member since Jun 2008
19809 posts
Posted on 10/12/17 at 10:00 pm to
quote:

He was more than generous with Congress.

Gave them every opportunity to deal with it.

They punted.


This. He basically begged them to pass anything. Unless, that was all a scam and the plan all along was to pass nothing.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69294 posts
Posted on 10/12/17 at 10:00 pm to
Posted by Blizzard of Chizz
Member since Apr 2012
19045 posts
Posted on 10/12/17 at 10:02 pm to
quote:

The walls in his presidential library will be bare and the rooms empty.



frick it. just leaves more room for the community playground and another basketball court


Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 10/12/17 at 10:05 pm to
W I N N I N G
I N N I N G
N N I N G
N I N G
I N G
N G
G
This post was edited on 10/12/17 at 10:07 pm
Posted by jamboybarry
Member since Feb 2011
32647 posts
Posted on 10/12/17 at 10:05 pm to
Damn strong statement
Posted by Rekrul
Member since Feb 2007
7949 posts
Posted on 10/12/17 at 10:05 pm to
Good, the ACA has turned my health insurance into absolute shite. Obomacare only added insult to injury to the masses that pay for the laziest of society. In other words it fricked the people that pay most of the taxes.

And the idiots are dumbfounded that Trump got elected
Posted by dr smartass phd
RIP 8/19
Member since Sep 2004
20387 posts
Posted on 10/12/17 at 10:13 pm to
Trump is flying a big belly D and is arclighting the shite out of the NVA at Khe Sanh
Posted by Muthsera
Member since Jun 2017
7319 posts
Posted on 10/12/17 at 10:18 pm to
quote:

New York Attorney General Eric Schneiderman, who led a group of Democratic attorneys general to defend the subsidies in court this spring, said last night they would sue to stop the administration from acting.


quote:

Some insurers are also likely sue the Trump administration over the failure to make payments that they believe they’re entitled to under the Affordable Care Act.


Are there any legal grounds whatsoever for these cases? Is there any, literally any way the CSRs are codified in law? Everything I've read says the exact opposite.
Posted by dr smartass phd
RIP 8/19
Member since Sep 2004
20387 posts
Posted on 10/12/17 at 10:24 pm to
SCOTUS ruled the payments unconstitutional
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