Trump health subsidy cuts will cost New Jerseyans $166M


A top business group in Texas greeted President Donald Trump's executive order aimed at reshaping USA health care policy with a lukewarm statement on Thursday, while local health care advocates raised concerns that the attacks on the Affordable Care Act would dissuade people from signing up for medical insurance for 2018.

The government payments to insurers for these vital subsidies, which are used to offset medical costs by lower and middle income families, were seen by the Trump administration and many Republicans as unlawful. In a statement, the White House said that the U.S. Department of Health and Human Services, based on guidance from the U.S. Department of Justice, has concluded that the so-called cost-sharing reduction payments.

"The American people deserve better".

Schneiderman's office addressed the move in a statement yesterday.

"Having failed to repeal the Affordable Care Act in Congress, President Trump is determined to singlehandedly rip apart our health care system".

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"Our coalition of states stands ready to sue if President Trump cuts them off".

"I will not allow President Trump to once again use NY families as political pawns in his unsafe, partisan campaign to eviscerate the Affordable Care Act at any cost", Schneiderman said in a statement.

Attorneys general from California, Connecticut, Kentucky, Massachusetts, and NY have said they plan to sue the Trump administration in order to keep money flowing to their states.

Trump's executive orders are expected to increase insurance premiums and potentially cost the government an extra $2.3 billion next year, according to NPR. He says the executive order does three things. Vermont Independent Senator Bernie Sanders tells WAMC's North Country Bureau Chief Pat Bradley he is particularly concerned about President Donald Trump's executive order to roll back the Affordable Care Act. Short term, Congress must work to improve the Affordable Care to lower costs, insure more people and reduce the price of prescription drugs.