ADVERTISEMENT
ADVERTISEMENT

Trump just made a move that could make Obamacare implode — here's which states have the most to lose

In October, President Donald Trump pulled payments that help offset costs for insurers, hitting some states more than others.

The Trump administration made a decision that could help the Affordable Care Act implode.

On Thursday, President Donald Trump said he will stop payments to insurers that help offset healthcare costs.

The payments, known as cost-sharing reductions, are paid to insurance companies to help offset the cost of discount health plans they provide to Americans making 200% of the federal poverty limit. Without them, it could lead to higher premiums and fewer insurance plan choices in the exchanges.

Some states, including Mississippi, Alabama, Florida, and South Carolina, benefit the most from cost-sharing reduction payments.

ADVERTISEMENT

This isn't the first time Trump has threatened to withdraw CSR payments, but as recently as August, he said he'd pay them. Insurers have repeatedly said that should the payments be cut, premiums would increase.

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

ADVERTISEMENT
ADVERTISEMENT