Insurers Fear Latest Chaos Over Health Care
WASHINGTON — Health insurers expressed concern Tuesday over the uncertainty surrounding Senate Majority Leader Mitch McConnell's efforts to repeal the Affordable Care Act and President Donald Trump's most recent call to let Obamacare "fail."
"With open enrollment for 2018 only three months away, our members and all Americans need the certainty and security of knowing coverage will be available and affordable for them," said Justine Handelman, senior vice president for policy at Blue Cross Blue Shield, one of the nation's largest insurers.
Insurers' most immediate worry is the federal cost-sharing subsidies they've relied on to help make plans in the ACA's exchanges more affordable. Trump has dubbed those funds "ransom money" and threatened to withhold them to hasten the collapse of Obamacare.
"Nothing else is as important at this very moment," said Linda Blumberg a health policy expert at the Urban Institute. "If the administration and Congress decide not to pay those obligations, then the implications for the non-group private market could be very devastating."
http://www.msn.com/en-us/news/us/insurers-fear-latest-chaos-over-health-care/ar-AAopzco?li=BBnbcA1&ocid=edgsp
Is that even legal? I remember Nixon tried to not fund certain programs he disagreed with. He was sued and lost.