Health Chief Says No Decision on Continuing Obamacare Subsidies
(Bloomberg) -- Health and Human Services Secretary Tom Price said Sunday that no decisions been made on whether to continue key Affordable Care Act subsidies to health-insurance companies, but that the administrations job is to follow the law of the land. A top White House aide said President Donald Trump will decide soon.
Smarting from the failure of Senate Republicans to pass an Obamacare repeal and replace bill, Trump on Saturday threatened in a tweet to the subsidy payments, which help make insurance accessible to poorer Americans, a move that could critically destabilize health exchanges if it went ahead.
The administration has previously floated the idea to stop paying the subsidies that help insurers offset health-care costs for low-income Americans, called a cost-sharing reduction, or CSR. The next payment is due on Aug. 21.
If a new HealthCare Bill is not approved quickly, BAILOUTS for Insurance Companies and BAILOUTS for Members of Congress will end very soon! the president said in Saturdays tweet. It followed a Twitter message on Friday in which he vowed to let ObamaCare implode.
http://www.msn.com/en-us/news/politics/health-chief-says-no-decision-on-continuing-obamacare-subsidies/ar-AAp1pUJ?li=BBnb7Kz&ocid=edgsp
Sounds like people are always cleaning up after the shit gibbon.