Published: Thu, August 03, 2017
World | By Paul Elliott

Governors Plead With Trump To Pay Obamacare Subsidies

"Why the ACA markets could actually collapse - with Trump's help":"Now that the Republican push to partially repeal the Affordable Care Act has fallen apart, industry groups desperately hope Congress can move quickly to patch the problems in the ACA marketplaces". And I should also mention we right now have 19 counties across the country in IN and Nevada with no insurance plans signed up to sell coverage in 2018.

A US appeals court on Tuesday allowed Democratic state attorneys general to defend subsidy payments to insurance companies under the Obamacare healthcare law, a critical part of funding for the statute that President Donald Trump has threatened to cut off.

A freshman GOP congressman said Tuesday he would like to President Donald Trump follow through on his threat to end healthcare subsidies for lawmakers.

The realities of politics and human behavior being what they are, it is time for USA senators - and President Donald Trump - to take a break from attempts to reform health insurance. And so I feel like it's much more of a contractual payment than a bailout for insurers.

Although Trump's tweet may suggest otherwise, members of Congress and their staff get their health insurance through the Obamacare exchanges.

Now, the state attorneys general are positioned to at least keep the appeal alive, though Jost said the states may not be able to persuade the court to prevent the president from deciding not to make the payments, as that question was never put before Collyer. But members of Congress already pretty much do. As his own party recognizes, sowing chaos is only going to create voter anger at the party in control of government. "We know the president is poised to throw us under the bus and we know because he said so'".

The cost-sharing-reduction payments are estimated to total more than $7 billion this year, and help cover costs for about 7 million of the health law's enrollees. Margaret Murray is CEO of the Association for Community Affiliated Plans, which represents these "safety net health plans" aimed at people with lower incomes. A great many Republicans still don't like requiring citizens to buy health insurance.

Blue Cross and Blue Shield of North Carolina, for instance, is requesting a rate increase of almost 23% for next year.

If Trump does decide to stop making the payments, it may end up costing the U.S. Treasury more, while insurance companies who remain in the markets could do just fine.

First, this was a stark warning to both parties against any effort to bail out insurance companies. And that will lead the Treasury to spend more on subsidies to policyholders who qualify, according to an analysis by the consulting firm Oliver Wyman. A substantial portion of the almost 7 million marketplace enrollees eligible for CSR could receive a bronze-level plan for no cost, or upgrade to a gold-level plan at very low premiums.

"For millions of middle-class Americans, paying their health insurance bills is now equivalent to taking out a second mortgage", writes health care policy expert Robert Moffit. The law's mandates, insurance regulations, taxes, and expansion of government simply go too deep.

Insurance companies have until late September to raise rates and finalize their coverage areas for 2018.

That means subsidies will have to rise for many people to meet those higher premiums. Although employer contributions vary, 72 percent is in line with what other businesses offer their employees, said John Arensmeyer, head of the Small Business Majority.

"I'm for helping the poor; always have been", Hatch said.

Any new health care legislation should be focused on providing the best available health services for all Americans, not deliberately putting them out of reach.

The ACA had a temporary reinsurance program, but Republicans in Congress refused to fund it, and insurers got only pennies on the dollar for what they should have been owed. In 2016, a lower federal court agreed with House Republicans and ordered the government to stop making CSR payments, but it allowed the payments to continue while the government appealed the decision.

Like this: