Conservatives outraged at Trump’s funding to subsidize Obamacare insurers

 

One of the most important things to remember with Obamacare is that the law was written with the “help” of pharma, the insurers, and other parts of the healthcare industry.

(From The Washington Times)

President Trump’s new budget envisions eviscerating Obamacare — but it also includes money to fund contentious payments to insurance companies next year, in a move that conservatives say will end up sustaining the struggling law.

The budget allocates billions of dollars for cost-sharing payments, or what Capitol Hill calls CSRs, which reimburse insurers who under the law must cover some poor customers’ out-of-pocket health care costs.

Mr. Trump canceled the payments this fall. He derided them as “bailouts” and said Congress had never approved the money. Companies responded by jacking up their rates.

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