One of the strangest chapters in the Affordable Care Act’s history began a few hours after midnight on October 13, 2017. At 2:36 am, a Presidential tweet announced the end of cost-sharing-reduction (CSR) payments to insurers: “The Democrats [sic] ObamaCare is imploding. Massive subsidy payments to their pet insurance companies has [sic] stopped. Dems should call me to fix!” Later that morning, officials at the Department of Health and Human Services explained that the federal government would soon stop reimbursing insurers to cover the cost of giving low-income consumers legally-required reductions in out-of-pocket cost-sharing.
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June 3, 2019