Trump To Cut Off Billions In Key Obamacare Payments To Insurers

Friday, October 13, 2017

October 13, 2017 - President Donald Trump plans to halt payments to health insurance companies serving the poorest customers on the Obamacare exchanges, the White House announced Thursday. Trump has threatened to withhold these funds, valued at $7 billion this year, since shortly after his election victory last November. The threats alone have roiled the health insurance market, and if he follows through, it promises to be significantly disruptive. Trump will make an announcement Friday, according to Politico, which first reported the news. Visit www.huffingtonpost.com for full article. 

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