Trump to make ObamaCare payments to insurers for August

The Hill ^ | 08/16/2017 | Rachel Roubein

[GIdget2004]

The Trump administration will make key ObamaCare payments to insurers for the month of August, according to a White House spokesman.

Insurers have been asking Congress and the administration for certainty that they’ll continue to receive cost-sharing reduction payments (CSRs), which compensate insurers for subsidizing the out-of-pocket costs for low-income enrollees.

Instead, the administration has been making the payments on a monthly basis, which total $7 billion for fiscal 2017. President Trump has threatened to end the payments, saying ObamaCare is on track to "implode."

Senate Health Committee Chairman Lamar Alexander (R-Tenn.) has said he would like to include funding for CSRs in a bipartisan, short-term stabilization bill for ObamaCare. The panel will begin hearings on stabilizing the marketplace the first week of September.

[Thank You Rush]

“”The Trump administration will make key ObamaCare payments to insurers for the month of August, according to a White House spokesman.

Instead, the administration has been making the payments on a monthly basis””

Lost me...Will make payments in August but they’d been making them on a monthly basis instead?????

[momincombatboots]

The house only wanted to pay insuerers 50Billion directly.. the senate bill jumped to 70 Biliion, so is the #trumpInsuranceBailout 90 billion? Well thank goodness we can give unions a Trillion dollars in infrastructure.
That printing press is working overtime.
Propping up Obamacare.., thanks a freaking lot!