CNBC, May 19, 2017
Dan Mangan

Links

Read the Full Article

President Donald Trump now reportedly wants to pull the plug on a big pot of Obamacare money — which could send insurance prices soaring for millions of Americans.

Trump told advisers Tuesday he wants to stop reimbursing health insurers for important Obamacare subsidies, which could spark political blowback for him and other Republicans as premiums rise, Politico.com reported.

A White House official told CNBC on Friday, "The White House has told Congress that it will make" payments to the insurers for May, "but has not made any commitment on further payments."

"No final decisions have been made at this time, and all options are on the table," the official said. [...]

health care finance health care reform health law policy insurance market public health regulation