Trumpcare is toxic among health insurers and while sharing their many concerns about repealing the ACA and replacing it with the the inferior AHCA, insurers received an offer from the Trump administration.
Donald Trump chose to use millions of Americans health care as a bargaining chip, so he could strong arm health insurers into supporting his Trumpcare disaster they hate.
Health insurers were stunned by the offer.
Unbelievable. Trump isn't listening to health insurers very real concerns, about how Trumpcare is a terrible health care bill. He was only interested in their support, with this strong arm offer.
www.latimes.com/...
Insurance industry officials and state regulators have met repeatedly in recent months with senior Trump administration officials in an effort to explain that administration’s actions are jeopardizing health coverage for millions of Americans.
But in many cases, the meetings only left insurers and regulators more confused about the administration’s plans, according to attendees.
At one recent meeting, Seema Verma, whom Trump picked to oversee the federal Medicare and Medicaid programs, stunned insurance industry officials by suggesting a bargain: The administration would fund the CSRs if insurers supported the House Republican bill to repeal the Affordable Care Act.
“It made no sense,” said one official at the meeting.
Many insurers, as well as every leading patient and physician group, believe the House bill is deeply flawed. Independent analyses suggest the legislation, which Trump has enthusiastically backed, would increase the ranks of uninsured by 24 million over the next decade.
Cost Sharing Reduction is a discount that lowers the amount you have to pay for deductibles, copayments, and coinsurance. Donald Trump basically used millions of Americans, who currently receive these discounts to make their health care more affordable, as a bargaining chip.
Topher Spiro used some strong words and called this a bribe.
If you can't get support for your health care bill on it’s own merits, threaten insurers with CSRs and in turn, risk the health care of millions of Americans.
This is more like art of the steal.