Live Breaking News & Updates on Cost Sharing Subsidies|Page 18
Stay updated with breaking news from Cost sharing subsidies. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Department explains it like this saying quote, the president is that while the lawsuit is being litigated the cost sharing subsidies will be funded and earlier in the week one of the most conservative members of the house alluded to problems with payments like these in the plan. his leadership liked. it didn t repeal obamacare, it restructured obamacare. and didn t resolve any of the problems. and, in fact, many of the changes would have made obamacare even worse. as the speaker of the house said, the republican replacement bill, when the republican replacement bill was withdrawn obamacare will be the law of the land unless the gop can use their numbers as the majority in both houses of congress to put something else in its place. shannon: a lot of work to do. we know you re on it. thank you. bill: a lot more to come, right? new reports the f.b.i. obtained a warrant to keep tabs on a former advisor for the trump team. what did the f.b.i. find, if ....
That s such an easy one. reporter: all of this back and forth in washington has left consumers and the health insurance industry desperate for answers. the exchanges are stable icing, according to the nonpartisan cbo. but could health care for an estimated 11 million americans americans other rely on these exchanges actually explode? it depends on what the government does next. president trump recently said that he expects obamacare to explode. he thinks over the next year or two, out of pockets premiums and deductibles will get so high that increasingly, exchanges will be thrown into a death spiral. do i think that is at all feasible and likely to happen? no. i think the exchanges will stabilize. option two. president trump undercuts the law by halting subsidies or stopping enforcement of the mandate to buy insurance the secretary in hhs has a lot of discretion. they can decide how much they ll spoken advertising. they can decide whether or not they ll challenge the cost sharing ....
Can force congress back to the negotiation table. they have a court order saying to stop issuing the cost sharing subsidies, the nonpartisan government accountability office says money was deverted from the treasury. the trump administration can ask for the money back. if the trump administration eliminates congress illegal obamacare bailout, that will force congress back to the negotiating table. and then maybe we can get some reforms to provide stable coverage to people. jenna: an interesting reminder that congress doesn t live in the same healthcare that most americans do. there s a question about that, about why that is the case. just a quick final question to both of you. our viewers are really curious about premiums and pricing. it is a market where you don t ....
More, not less. clearly for those people who are ineligible, say, for subsidies, it could be that they would pay more. but these subsidies reach very deeply into the middle class, not just the poor. for a family of four, i think steven was saying, for example, that he s a family of four, for those families these subsidies reach all the way up to $94,200 in annual income. these are thousands of dollars of subsidies. steve, your reaction to that? ron, let me tell you something, we ve done extensive research on these premium subsidies. if you dig down to it, they aren t that substantial. anything over 250% of the family poverty level, subsidies go way down on the premium and there is no cost sharing subsidies under or over 250%. when you say there s going to be subsidies, it is not there. to also say swiss cheese, ....
More, not less. clearly for those people who are ineligible, say, for subsidies, it could be that they would pay more. but these subsidies reach very deeply into the middle class, not just the poor. for a family of four, i think steven was saying, for example, that he s a family of four, for those families these subsidies reach all the way up to $94,200 in annual income. these are thousands of dollars of subsidies. steve, your reaction to that? ron, let me tell you something, we ve done extensive research on these premium subsidies. if you dig down to it, they aren t that substantial. anything over 250% of the family poverty level, subsidies go way down on the premium and there is no cost sharing subsidies under or over 250%. when you say there s going to be subsidies, it is not there. to also say swiss cheese, ....