Prez near ruling on health $$
President Trump will decide this week whether to cut off payments to insurance companies that help low-income people afford health care — but won’t allow ObamaCare to collapse for now because that would hurt people, White House officials said on Sunday.
“He’s going to make that decision this week, and that’s a decision that only he can make,” White House counselor Kellyanne Conway said on “Fox News Sunday.”
Trump has long threatened to end the cost-sharing reduction payments, which he calls a “bailout,” to pressure lawmakers to pass an ObamaCare repealand-replacement plan. The payments are worth roughly $8 billion a year.
Withholding the payments would destabilize the insurance market, adversely affect low-income Americans and hasten the system’s collapse, experts say.
Health and Human Services Secretary Tom Price would not comment Sunday specifically on the fate of the cost-sharing payments, but said the president will not let the health-care system fall apart.
“It’s not the right thing to do because it hurts people,” Price explained on ABC’s “This Week.”
Price argued ObamaCare is already failing and said Trump’s threat “punctuates the concern that he has about getting this moved in the right direction.”
Trump shamed Republicans on Twitter (above) for not following through on their pledge to repeal ObamaCare.