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  • Blame For Obamacare's Next Rate Hike Shifts To Trump And GOP

    05/23/2017 4:18:55 PM PDT · by Lorianne · 29 replies
    Forbes ^ | 22 May 2017 | Bruce Japsen
    The healthcare industry is beginning to shift blame for Obamacare’s 2018 rate hikes and an unstable individual insurance market to Donald Trump and the Republican-led Congress. An alliance of health insurers, doctors and employers are urging the Trump administration and Congress to fund cost-sharing subsidies for millions of Americans under the Affordable Care Act. Politico reported Friday that Trump is telling “advisers he wants to end key Obamacare subsidies.” If cost-sharing reductions (CSRs) aren’t funded through 2018, Trump and Republicans will be responsible for more insurers leaving public exchanges and a rate hike of nearly 20% on average, reports indicate....