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Trump Loses To Obamacare As Insurers Push 2019 Coverage

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According to Politico, despite his administration’s efforts to sideline Obamacare, Trump is losing. His latest attack expands the availability of short-term health plans which critics call “junk” insurance. But despite Trump's efforts, more insurers are signing up to sell 2019 coverage. Additionally, premium increases will be the lowest in years, showing Obamacare is working. “The rate shocks have kind of run their course. The administration has basically done everything it can around this market. … They kind of shot all their bullets.” Chris Sloan Avalere Health. Besides boosting short-term plans, Trump expanded alternative coverage options for small businesses. He also halted payments to insurers for low-income customers and slashed Obamacare outreach. But the markets’ resiliency to these efforts has turned out to be a surprise. And now Democrats are trying to convert Obamacare’s newfound popularity into November success. “They’re going to keep launching attacks. They’re determined to take away coverage.” Sen. Chris Van Hollen Public support has skyrocketed since congressional Republicans made ill-fated repeal attempts last year. “I think the law has proven to be more resilient than both its opponents and proponents had anticipated. And that’s an economic observation as well as a political one.” Sen. Brian Schatz

Added on the 01/08/2018 20:08:41 - Copyright : Wochit

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