CBO: Trump’s Plan To End Obamacare Subsidy Payments Would Make Premiums Soar
CBO: Trump’s Plan To End Obamacare Subsidy Payments Would Make Premiums Soar Trump’s plan to sabotage Obamacare would make health insurance premiums to jump 20 percent. If Donald Trump follows through on his threat to withhold subsidy Obamacare subsidy payments, insurance companies would raise health insurance premiums by about 20 percent, according to the Congressional Budget Office (CBO). House Democrats asked the CBO to analyze the impact of Donald Trump ending the subsidy payments. CBO noted that some insurance companies would withdraw altogether and about 5 percent of people would live in areas without insurance options in 2018. The...
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