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He’ll do it: Trump to order halt to Obamacare insurance company subsidies

If anyone in this whole Obamacare debate has nothing to say in the matter, it’s Democrats

(National SentinelObamacare Fail: Because too many congressional Republicans have refused to deliver on their promise to dismantle Obamacare, President Donald J. Trump is doing all he can as head of the Executive Branch to tear it down.

Earlier this week the president signed an executive order beginning the process of lifting some insurance rules and expanding insurance options for the tens of millions of Americans who buy insurance on their own, not through an employer or via a collapsing Obamacare exchange. The order contained additional provisions that allow for more insurance choice and policy flexibility that should help lower premiums for millions while allowing them to tailor policies to better reflect their needs.

Now, as reported by The Associated Press, Trump plans to halt Obamacare subsidy payments to insurers:

In a brash move likely to roil insurance markets, President Donald Trump will “immediately” halt payments to insurers under the Obama-era health care law he has been trying to unravel for months.

The Department of Health and Human Services made the announcement in a statement late Thursday. “We will discontinue these payments immediately,” said acting HHS Secretary Eric Hargan and Medicare administrator Seema Verma.

In a separate statement, the White House said the government cannot legally continue to pay the so-called cost-sharing subsidies because they lack a formal authorization by Congress.

Some of the same Democrats who are responsible for foisting Obamacare on the nation in the first place were quick to denounce Trump.

“It is a spiteful act of vast, pointless sabotage leveled at working families and the middle class in every corner of America,” said House and Senate Democratic leaders Nancy Pelosi of California and Chuck Schumer of New York. “Make no mistake about it, Trump will try to blame the Affordable Care Act, but this will fall on his back and he will pay the price for it.”

Unbeknownst to Pelosi, who admitted way back when she’d never read the massive Affordable Care Act and said Congress would just have to pass it in order for all of us to see what’s in it, Obamacare is already failing millions of Americans. This law, which Democrats promised would be a panacea for all of our healthcare industry woes, has led to higher premiums, higher out-of-pocket costs, higher taxes, higher everything. What it hasn’t done is made healthcare delivery in the U.S. cheaper, less regulatory, more efficient, and better. But it was never designed to do that; in fact, it was designed to usher in complete, 100-percent government-controlled health care — or essentially VA care for all.

Naturally, the far-Left is apoplectic. California’s #nevertrump attorney general, Xavier Becerra, promised a lawsuit, and other states are likely to follow suit, falsely claiming that the subsidies were always authorized by Congress (hint: they weren’t). As the AP notes:

The Constitution says the government shall not spend money unless Congress appropriates it.

House Republicans trying to thwart the ACA sued the Obama administration in federal court in Washington, arguing that the law lacked specific language appropriating the cost-sharing subsidies.

A district court judge agreed with House Republicans, and the case has been on hold before the U.S. appeals court in Washington. Up to this point the Trump administration continued making the monthly payments, as the Obama administration had done.

But those payments appear to be coming to an end.

The Left will naturally claim that “the sky is falling” once Trump issues the order to gut the payments. And for a time, no doubt, the insurance market will be in flux. But given the previous orders the president has issued, giving insurers (and customers) much more flexibility in buying and selling lower-cost plans that cover less, that should even out the markets in quick time.

Meanwhile, the Democrats can (and will) continue to bitch about “the high cost of insurance” thanks to a law they alone passed. If anyone in this whole Obamacare debate has nothing to say in the matter, it’s Democrats, for we wouldn’t even be in this mess had they not saddled us with the “Affordable” Care Act in the first place.

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1 Comment on He’ll do it: Trump to order halt to Obamacare insurance company subsidies

  1. Burn the witches and their alchemist crucibles their magic potions their serpents bodies encircling the rod of life frim top to bottom

    Like

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