PinExt - Chuck Schumer Warns Trump Against Withholding Obamacare Cash

WASHINGTON — Senate Minority Leader Chuck Schumer( D-N.Y .) urged President Donald Trump to liberate payments that the federal government owes insurers as part of the Affordable Care Act, burning a salvo in the latest stage of the health care reform fight.

Schumer’s reaction came after Trump launched a Saturday afternoon tweet threatening to end” BAILOUTS to insurance companies” if Congress does not repeal and supplant Obamacare.

Although Trump did not specify what they are intend, Schumer construed it as an indication that Trump plans to withhold subsidies to insurers for programmes on the Obamacare individual insurance marketplaces that render lower out-of-pocket cost of people with incomes under 250 percent of the poverty line. Delivering on security threats, which Trump has issued more explicitly in the past, would, on average, prompt insurers to increase premiums for typical programs by 19 percent, according to the Kaiser Family Foundation, and likely plunge the marketplaces into chaos.

” If the President were unwilling to induce the cost sharing reduction pays, every expert agrees that premiums will go up and health will be more expensive for millions of Americans ,” Schumer said in a statement.” The chairperson ought to stop playing politics with people’s lives and health care, start leading and finally begin acting Presidential .”

597cca7f210000a134fc93e4 - Chuck Schumer Warns Trump Against Withholding Obamacare Cash
Aaron Bernstein/ Reuters
Senate Minority Leader Chuck Schumer

Schumer voiced a conciliatory note in his speech early Friday morning after Republican’ stripped-down version of Obamacare repeal was defeated in dramatic style on the Senate floor.

” I would suggest we turn the page ,” he said.” I hope one part of becoming that page is that we go back to regular ordering, work in the committees together to improve Obamacare .”

House Minority Leader Nancy Pelosi( D-Calif .) indicated in a Friday letter to Republican leaders that an area of potential common ground would be stabilising the Obamacare individual insurance marketplaces with fund is targeted at stemming the exodus of insurers.

But Trump’s tweet Saturday was a reminder of just how remote the prospect of bipartisan cooperation remains given the president’s antagonism toward Democrats. And Schumer’s response suggests that the failure of Obamacare repeal, a humiliating loss for Trump, has only strengthened their willingness to fire back.

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