Ending Healthcare Payments: Bursting the Balloon or Just Squeezing It?
President Trump has threatened to cancel federal health insurance payments called “cost-sharing reductions.” He hopes this collapses the Affordable Care Act’s health insurance exchanges, creating leverage for further repeal negotiations with recalcitrant Senators and Congressmen. However, the Congressional Budget Office (CBO) reported that ending these payments would actually increase federal costs by $194 billion over ten years and cause a million people to lose health insurance next year.