Senator Bernie Sanders Discusses Health Care, Puerto Rico And Other Issues

Senator Bernie Sanders Discusses Health Care, Puerto Rico And Other Issues

President Donald Trump announced late Thursday that the White House will end the cost-sharing reductions that are paid to insurance companies under the Affordable Care Act to offset subsidies the insurers give to modest-income Americans in order to keep the policies affordable.

A coalition of US states will file a new lawsuit challenging President Donald Trump's plan to end Obamacare subsidies to health insurers that help low-income people pay out-of-pocket medical expenses, a source in the NY attorney general's Office said on Friday. Those suits could be filed in the Court of Federal Claims, which handles cases in which litigants believe they have not been paid by the federal government. Critics of Trump's executive order warn the cheaper-plans-with-less-coverage option will inevitably drive up insurance costs for Americans with serious medical conditions, and cause more insurers to abandon the ACA marketplaces. "Just because he's in the White House doesn't mean he can make those decisions".

Acting Health and Human Services Secretary Eric Hargan announced the plans to halt cost-sharing subsidies Thursday, saying "We will discontinue these payments immediately".

Schneiderman's office addressed the move in a statement yesterday.

Becerra and the other attorneys general said they are filing the federal lawsuit Friday, arguing that withholding cost-sharing subsidies is unlawful and violates a mandate in the law.

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NY stands to lose more than $870 million in subsidies. The President's Executive Order pulls the rug from under the Affordable Care Act, which helped NY expand access to affordable health care to millions of New Yorkers, and takes aim at essential health benefits and protections for people with pre-existing conditions.

"This summer, the courts granted our intervention to defend these vital subsidies and the quality, affordable health care they ensure for millions of families across the country", Schneiderman said in a statement. Our coalition of states stands ready to sue if President Trump cuts them off. If Trump is successful, insurance premiums could increase 15 to 20 percent, Becerra estimated.

Leading Democrats in Congress excoriated the president's executive orders.

"Amazingly, we have a president who is trying to destroy the American health care system".

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