After three failed attempts at passing GOP health plans, President Trump appears to be trying to negotiate with Democrats by showing he's willing to facilitate the Affordable Care Act's collapse.
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Ana Kasparian, host for The Young Turks network, and John Phillips of The Orange County Register, CNN, and KABC discuss the end of cost-sharing reduction subsidies by the government.
President Trump says the administration will no longer pay key Affordable Care Act subsidies. The result could be some consumers pay more for insurance coverage and the cost to the government rises.
The administration's move late Thursday was the second swipe in the same day at the insurance markets created by the Affordable Care Act.
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Despite repeated threats to end the cost-reduction payments, the White House had continued the subsidies while waiting for a lawsuit to move through the courts. Thursday's decision reverses that.
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President Trump issued an executive order on health care today. The order would remove requirements for basic benefits that are part of the Affordable Care Act, or Obamacare. He is telling federal agencies to permit wider use of so-called "association health plans" which currently do not meet the requirements for basic benefits like maternity care.
President Trump signed an executive order Thursday that aims to allow more insurance options. The plan is intended to lower costs, but critics warn it could hurt those who need insurance most.
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To save money, Iowa recently turned over its Medicaid recipients to private managed care companies. Now, some companies are losing money and some people say they're not getting necessary care.
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Medicaid covers about two-thirds of nursing home residents across the U.S., and pays significantly less than other types of insurance, including Medicare.
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