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U.S. states sue to block Trump Obamacare subsidies cut

by:QY Precision      2019-09-21
WASHINGTON/SAN FRANCISCO (Reuters)-Eighteen U. S.
The United States sued the administration of Donald Trump on Friday to stop him from abolishing a key component of Obamacare, subsidies to insurance companies, to help millions of low-income people
Even if Trump Invites Democratic leaders to negotiate an agreement, the income crowd will pay for medical care.
One day after his administration announced that it would end its payment plan next week, Trump said he would repeal Obamacare \"step by step.
His latest move has raised concerns about the chaos in the insurance market.
According to congressional analysts, the cost of subsidies this year is $7 billion, estimated at $10 billion, equivalent to $2018.
\"In terms of subsidies, I don\'t want insurance companies to get rich,\" Trump told reporters at the White House . \".
\"They make money by getting this money.
Trump\'s action is a key element of his Democratic predecessor, Barack Obama,\'s iconic domestic policy achievement, Bill 2010.
Trump, frustrated by his failure to repeal and replace Obamacare by Republicans in both houses of Congress, has taken several steps to weaken it.
Democrats accused Trump of breaking the law.
Democratic attorney general from 18 states and Washington, D. C. C.
The lawsuit was filed in the Federal Court of California late Friday.
States include: california, Connecticut, Delaware, Kentucky, Illinois, Iowa, Maryland, Massachusetts, Minnesota, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, and Washington state
The United States will ask the court to force Trump to pay the next payment.
Legal experts say the United States may face a difficult battle in court.
\"He is trying to remove these subsidies without warning or even planning to curb the consequences, which is an astonishing reckless,\" said New York Attorney General Eric schnederman . \".
\"It\'s just to blow up the system.
\"The new suit will be separated from the pending case of the District Court of Appeal in Colombia, in which 16 Democratic state attorneys general are defending the legality of the payment.
Low if subsidies disappear
Income from insurance through Obamacare online market Americans will face higher premiumsof-
Medical expenses.
Especially if it hurts lower people. middle-
The income is still too high to qualify for class families with certain government assistance.
About 10 million people participate in Obamacare through its online marketplace, and most receive subsidies.
Trump\'s action took place a few weeks before the start of November.
When an individual must start to register 2018 of the insurance through the legal market.
The US government will not pay insurance companies the next payment scheduled for Wednesday. S.
The attorney general, Jeff Sessions, said.
Senate Democratic leader Chuck Schumer is optimistic about the possibility of reaching an agreement with the Republican Party to continue paying subsidies.
\"In the negotiations in December on broad federal spending legislation, we will have a very good opportunity to get this done in a bipartisan manner,\" If we can\'t get this done sooner, schumer told reporters.
Trump invited Democratic leaders to the White House, and attacked them fiercely.
\"We will negotiate some agreements that are good for everyone.
But they always voted against everything.
\"They are like scratch people,\" Trump told reporters . \".
Due to opposition from a handful of Republican senators, the Senate failed to pass Trump-backed legislation in July and September to repeal Obamacare.
Susan Collins, one of the moderate Republicans from Maine, has been thinking about running for governor next year, and on Friday she said she plans to stay in the Senate, and will use her voice in the health care system reform.
Hospitals, doctors, health insurance companies, the National Insurance Commissioner and patient advocates have condemned Trump\'s move, saying consumers will eventually pay for it.
They called on Congress to allocate the funds needed to maintain the subsidies. Shares of U. S.
Hospital companies and health insurance companies closed on Friday after the subsidy was announced. Centene Corp (CNC. N)closed down 3.
3% and Molina Healthcare (MOH. N)closed down 3. 4 percent.
Shares in hospitals, medical principles (THC. N)finished 5.
Below 1% and the community health system (CYH. N)declined 4. 0 percent.
The nonpartisan Congressional Budget Office estimates that the removal of subsidies will increase the federal deficit by $194 billion over the next decade, as the government remains obliged to help reduce, according to the rest of Obamacare --
The income of people paying insurance premiums.
As a candidate for last year, Trump promised to revoke the law officially called the Affordable Health Care Act, and he was applauded in front of a group of conservative voters in an appearance on Friday.
\"This is a step by step, this is a very big step yesterday,\" Trump said . \".
\"One by one, it\'s going to drop, and there\'s going to be good health care in our country.
Earlier, on Twitter, he called Obamacare \"a mess\" and was \"collapsing\" and referred to the \"pet insurance company\" of the Democratic Party \".
Republicans have vowed to repeal Obamacare for seven years,
Party divisions have undermined their efforts to pass Senate legislation, with few seats in the Senate.
Since taking office in January, Trump has repeatedly threatened to cut subsidies.
Health insurance companies planning to stay in Obamacare are prepared to take action in many states to submit two sets of insurance rates to regulators: there are subsidies and no subsidies.
The National Association of Insurance Commissioners said the change would raise consumer premium costs by at least 12 to 15% in 2018 and cut $1 billion in insurance costs by $2017.
The White House announced spending cuts-
Trump signed an order designed to allow insurance companies to sell at low prices, leaving work hours aftercost, bare-
Policies with limited benefits and consumer protection.
Republicans say Obamacare is an unnecessary government invasion of the US health care system.
Democrats said the law needed some amendment, but noted that it had covered 20 million people.
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