RSN Fundraising Banner
FB Share
Email This Page
add comment
Print

Manchester writes: "President Trump on Saturday threatened to end key payments to insurance companies made under Obamacare if a repeal and replace bill is not passed."

Donald Trump. (photo: Mark Seliger)
Donald Trump. (photo: Mark Seliger)


Trump Threatens to End Obamacare Payments Unless Repeal Passes

By Julia Manchester, The Hill

29 July 17

 

resident Trump on Saturday threatened to end key payments to insurance companies made under Obamacare if a repeal and replace bill is not passed.

"After seven years of 'talking' Repeal & Replace, the people of our great country are still being forced to live with imploding ObamaCare!" the president wrote in a tweet.

"If a new HealthCare Bill is not approved quickly, BAILOUTS for Insurance Companies and BAILOUTS for Members of Congress will end very soon!" he added.

Trump has previously threatened to withhold the payments, known as Cost Sharing Reduction (CSR) payments, which lower the amount individuals have to pay for deductibles, copayments and insurance.

The White House announced earlier this month that key ObamaCare subsidies to insurers would be paid this month, however the administration did not make a commitment beyond July.

Trump's comments come after Senate Republican efforts to repeal and replace ObamaCare failed in the early hours of Friday morning after three Republicans and all 48 Democrats rejected pared-down repeal legislation, known as a "skinny" bill.

The issue is of critical importance to Republicans in all three branches of government because the party campaigned for seven years to repeal former President Barack Obama's signature healthcare law.


e-max.it: your social media marketing partner
Email This Page

 

THE NEW STREAMLINED RSN LOGIN PROCESS: Register once, then login and you are ready to comment. All you need is a Username and a Password of your choosing and you are free to comment whenever you like! Welcome to the Reader Supported News community.

RSNRSN