Location : Wabbit Hole
Job/hobbies : Cayman Islands Actuary
|Subject: Trump’s ‘Obamacare’ fixes don’t impress insurers Thu Apr 13, 2017 6:58 pm|| |
|The Trump administration released limited fixes Thursday for shaky health insurance markets, but insurers quickly said those actions won’t guarantee stability for millions of consumers now covered.|
While calling it a step in the right direction, the industry is looking for a guarantee that the government will also keep paying billions in “cost-sharing” subsidies. And President Donald Trump says he hasn’t made up his mind on that.
Republicans contend that the Affordable Care Act, or ACA, is beyond repair, but their “repeal and replace” slogan hasn’t been easy to put into practice, or politically popular. So Thursday’s action was intended to keep the existing system going even as Republicans pursue a total remake.
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