This Is How Much Trump's Obamacare Sabotage Increased Health Insurance Costs - News Summed Up

This Is How Much Trump's Obamacare Sabotage Increased Health Insurance Costs


Enrollment on health insurance exchanges like HealthCare.gov begins Nov. 1 and runs until Dec. 15 in most states; a few have later deadlines. These documents detail price changes for health insurance policies and the justification for those changes. This month, Trump halted payments to health insurance companies serving low-income customers. The Affordable Care Act requires health insurance companies to reduce deductibles and other forms of cost-sharing for eligible enrollees. As a consequence, health insurance companies are set to lose an equivalent amount of money because they are still required to reduce eligible customers’ out-of-pocket costs.


Source: Huffington Post October 27, 2017 07:01 UTC



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