He’s figured out a clever way to spend more government money just to stick it to poor people. That’s because (a) poor people would lose access to health care; and (b) perhaps counterintuitively, the government would have to spend even more money on health insurance. Even if the government reimbursements ended, insurers would still be required by law to continue guaranteeing poor people reduced out-of-pocket spending on silver plans. Mostly likely by raising premiums on these same silver plans — by about 20 percent, according to the Kaiser Family Foundation. A broad, bipartisan alliance of insurers, health providers, anti-poverty advocates, the Chamber of Commerce, the National Governors Association and state insurance commissioners have all argued as much.

Source: Washington Post May 01, 2017 23:37 UTC