Democrats, some Republicans fight 'bailout' label for Obamacare payments

Tuesday, August 8, 2017 | Tag Cloud Tags: , ,

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(Worthy News) - Democrats and some Republicans are fighting attempts by President Trump to label payments to insurers for lowering deductibles for poor people as "bailouts."

The pushback could play a key role in landing enough political support for a short-term bipartisan deal to stabilize Obamacare's exchanges, including making the insurer payments. Lawmakers and experts say the cost-sharing reduction payments to lower deductibles and co-pays, known as CSRs, are honoring an agreement to reimburse Obamacare insurers and are not bailouts.

Trump has shown little interest in a bipartisan healthcare package after the Senate's narrow defeat of legislation to partially repeal and replace Obamacare late last month. [ Source (Read More...) ]

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1 thought on “Democrats, some Republicans fight 'bailout' label for Obamacare payments

  1. $$1 Trillion BAILOUT per year to insurance companies. Well, somebody's gotta pay for all those NON-PAYERS, and Obama figured it's gonna be YOU. Obama was just trying to guarantee the America would continue getting deeper in debt

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