Several states are banding together to file a lawsuit challenging Donald Trump’s decision yesterday to kill off subsidies crucial to Obamacare, which help decrease medical expenses for millions around the country.
Unable to wheedle Congress into repealing the Affordable Care Act despite multiple attempts, Trump announced Thursday that he will simply end federal payments to insurers to cover deductibles and co-pays for low-income Americans. That means the administration will not be making its next payment on Wednesday, which could plunge the country’s insurance markets into chaos. The subsidies cost $7 billion this year, and were estimated to cost $10 billion in 2018.
By Lauren EvansACA, Healthcare, Healthcare Subsidies, Obamacare, Protect Our Care, Trump
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