Donald Trump says Obamacare will now implode. Is he right? - News Summed Up

Donald Trump says Obamacare will now implode. Is he right?


The Trump administration could still starve the law by refusing to pay “cost-sharing subsidies”, government payments to private health insurance companies that make insurance more affordable. And many insurance companies have cited uncertainty caused by the Trump administration as the major reason for hiking rates in 2018. It required Americans to have health insurance, expanded a government health program for the poor called Medicaid, and is estimated to have provided health insurance to an additional 20 million Americans. The remaining group of people must buy health insurance themselves, on what is called the “individual market”. This has been a major gripe about the law – health insurance is very, very expensive.


Source: The Guardian July 28, 2017 12:48 UTC



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