President Donald Trump on Monday said there can be “no such thing as Obamacare anymore” — one of a series of claims about health-care policy of which he repeated inside face of either strong evidence or arguments to the contrary.
yet Trump also noted of which lawmakers are working on a “short-term fix” for health-care markets — which many Democratic members of Congress, some Republicans, insurers, health providers in addition to also patient groups are clamoring for after Trump took two actions last week of which are likely to undercut Obamacare markets.
Last Thursday morning, Trump signed an executive order of which directed federal agencies to look into doing regulatory improvements of which could increase enrollment in health plans of which do not satisfy minimum standards set by the Affordable Care Act.
On Thursday night, the Trump administration said the idea would likely stop paying Obamacare insurers billions of dollars in reimbursements for discounts of which insurers must give by law to low-income customers of their ACA plans.
On Monday morning, Trump said: “Obamacare can be finished, the idea’s dead, the idea’s gone.”
“There can be no such things as Obamacare anymore.”
yet Trump’s fellow Republicans in Congress since the spring have repeatedly tried in addition to also failed to pass a bill of which would likely repeal in addition to also replace just parts of Obamacare.
Obamacare remains the law of the land, in addition to also nearly all Americans are still required by the idea to have some form of health coverage or pay a tax penalty. Enrollment in Obamacare plans starts Nov. 1.
“I think we contain the votes right at This particular point” to pass an Obamacare repeal-in addition to also-replace bill, Trump told reporters at the White House in wide-ranging remarks after a Cabinet meeting.
yet GOP leaders inside Senate do not have enough votes. If they did, they would likely have held a vote on the replacement bill at the end of September, instead of shelving the measure as they did.
Trump said he expected such a bill, which he described as a “long-term fix” for health care, to get resurrected next spring.
in addition to also he predicted the idea will pass.
yet Trump in addition to also congressional leaders have made such predictions about ending Obamacare in its present form since he took office in January. None of them have come to pass.
“We’ll have a long-term fix,” Trump said. “Most people know of which’s going to be a very not bad form of health insurance.”
However, a poll released last week by the Kaiser Family Foundation found of which 7 out of 10 Americans believe the idea can be more important for Trump to help make Obamacare work than to make the idea fail.
The Kaiser poll found of which 66 percent of people believe the idea can be more important of which Trump in addition to also Congress work on legislation to bolster the marketplaces than to continue their efforts to repeal in addition to also replace major parts of the ACA.
Trump also noted Monday of which last week he “knocked out the CSRs, of which was a subsidy to the insurance companies, of which was a gift” to insurers.
“Hundreds of millions of dollars a month handed to insurance companies, for very little reason, believe me,” Trump said of those payments. CSRs are cost-sharing reduction reimbursements of which the federal government for years has paid insurance companies.
yet there were very big reasons of which CSRs were included inside ACA when the idea was passed. The payments were aimed at encouraging low-income people to sign up for Obamacare coverage. The ACA offered the CSRs to cover out-of-pocket health costs because of This particular group if they are enrolled in certain types of Obamacare plans.
Insurers must grant those discounts, by law, to qualified customers. To compensate insurers for the discounts, the federal government had paid them reimbursements for the CSRs.
Trump last week said the federal government will stop paying the CSRs.
Insurers, who still must give 6 million or so customers the discounts, in turn will raise their premium prices for customers, or leave the Obamacare markets altogether as a consequence.
Trump on Monday said “when the premiums go up” for Obamacare plans, “of which has nothing to do with anything different than the fact of which we had poor health care delivered, poorly written.”
yet the Congressional Budget Office, in an analysis in August, said of which if Trump cut the CSRs, premium prices were likely to spike by an extra 20 percent in 2019 beyond what they otherwise would likely have been.
in addition to also premiums are projected to be 25 percent above what they otherwise would likely have been in 2020 because of the cutoff, the CBO said.
“The gravy train ends the day I knocked out CSRs,” Trump said, referring to insurers.
Actually, of which gravy train, if there can be one, may have actually gotten tastier, for insurers who don’t abandon the Obamacare market.
Despite the fact of which the government will save billions of dollars by not paying the CSRs, net federal payments to insurers will actually increase, by nearly $0 billion over the next decade, as a result, according to the CBO.
of which’s because the government by law can be required to raise subsidies for eligible Obamacare customers’ premiums when those insurance prices rise, as they will by the cut-off of CSRs.
Trump suggested of which his killing the CSR reimbursements has “actually brought Republicans in addition to also Democrats together,” in an effort to create a short-term fix.
However, for weeks before Trump acted, many Republicans inside Senate had already been talking to Democratic counterparts about a bill of which would likely guarantee the CSRs in addition to also make different tweaks to the health-care law.
Sen. Lamar Alexander, R-Tenn., had been holding a series of hearings on of which bill in September. yet he suspended those efforts, temporarily the idea turns out, when his fellow Republicans pushed their last-ditch effort to replace Obamacare in September.
Trump suggested Monday of which health insurers favored Democrats because of the CSRs.
“I’m never going to get campaign contributions, I guarantee you of which, by the insurance companies,” Trump said. “yet a lot of different people got ’em. You look at the Democrats, take a look at of which. Take a look at how much money has been spent [on] Democrats, in addition to also by the health companies on politicians.”
“Take a look at the coffers of the Democrats.”
Trump did in fact get relatively little inside way of campaign contributions last year by the health-care sector, compared with his opponent inside presidential race, Hillary Clinton.
yet the election contribution tracking site Open Secrets notes of which Republican congressional candidates “have long been the recipients of most of” the donations by the insurance industry, which includes health insurers in addition to also brokers.