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CBO says Trump delay on ACA subsidies will boost premiums 15 percent

President Trump has said in no uncertain terms that hes willing to let health care coverage under the Affordable Care Act implode and his actions in delaying subsidies to insurers on behalf of those most in need of health care are actively helping that intention.

By Marlene Satter | Updated on September 18, 2017
Donald Trump has said in no uncertain terms that he’s willing to let health care coverage under the Affordable Care Act “implode.” (Photo: Shutterstock)

Donald Trump has said in no uncertain terms that he’s willing to let health care coverage under the Affordable Care Act “implode” — and his actions in delaying subsidies to insurers on behalf of those most in need of health care are actively helping that intention.

That’s the conclusion of a report from the Congressional Budget Office/Joint Committee on Taxation on the impact of Trump’s refusal to say if the federal government will pay the Affordable Care Act’s subsidies in 2018.

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Marlene Satter

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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