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May 23, 2017

No decision yet on $7B health subsidies

  • Without the subsidies, experts say, premiums could jump about 20 percent in 2018.
    • By RICARDO ALONSO-ZALDIVAR
    Associated Press

    WASHINGTON — Uncertainty over the future of health care for millions grew deeper Monday as insurers released a blueprint for stabilizing wobbly markets and the Trump administration left in limbo the fate of billions of dollars in federal payments.

    At the federal courthouse, the administration and House Republicans asked appeals judges for a 90-day extension in a case that involves federal payments to reduce deductibles and copayments for people with modest incomes who buy their own policies. The $7 billion in “cost-sharing subsidies” remains under a cloud as insurers finalize their premium requests for next year.


     
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