Donald Trump and his administration continue their attack on health care:
Trump suspended a program that helps stabilize health insurance markets
In its latest effort to sabotage the working Affordable Care Act, the Trump administration is suspending ACA risk adjustment payments. These payments actively encourage insurers to participate in the exchanges and cover sicker patients who need more care, not just young and healthy people. The Trump administration’s move injects uncertainty into the insurance market and could drive up premiums for next year.
Trump’s sabotage of the ACA is increasing premiums
Trump and Republicans have failed to deliver on their promises of making health care more affordable and accessible. In reality, their ongoing sabotage of the ACA has caused premiums to increase and increased the ranks of the uninsured.
Trump has repeatedly sabotaged the Affordable Care Act and made it more difficult to enroll in coverage. As a result, Trump’s first year in office saw the largest increase in uninsured Americans since the ACA’s implementation.
According to the nonpartisan Congressional Budget office, ACA insurance premiums are expected to rise an average of 15 percent next year and there will be three million more uninsured Americans because of Trump and Republican sabotage.
As a result of Trump and Republican sabotage efforts, including provisions tucked into the GOP’s tax scam bill, next year’s health care premiums are already beginning to skyrocket. Premiums are expected to to surge in markets across the country by as much as 94 percent over the next 3 years. Insurers in Virginia, Maryland, Vermont, D.C., New York, Indiana, Kentucky, Florida, and Washington have all recently proposed hiking premiums by double digits next year, citing Trump and Republicans’ ACA sabotage as a primary driver of the increases.