Trump Administration To End Obamacare Subsidies For The Poor
Despite repeated threats to end the cost-reduction payments, the White House had continued the subsidies while waiting for a lawsuit to move through the courts. Thursday's decision reverses that.
Updated at 11:40 p.m. ET
The Trump administration said Thursday that it would end the Affordable Care Act's cost-sharing reduction payments designed to help low-income Americans get health care. Not paying the subsidies, health care experts have warned, could send the health insurance exchanges into turmoil.
The payments, which started under the Obama administration, had been continued by President Trump, despite his strong opposition to the ACA. But the subsidies had never been funded by Congress, and the White House on Thursday
