Trump to unveil new health care cost proposal: Reports

Watch Trump to unveil new health care cost proposal: Reports - Straight Arrow News on Dailymotion

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00:00We could get answers as soon as today about the fate of Obamacare subsidies,

00:07a central fight that dragged out the 43-day government shutdown.

00:11The White House is ready to show its plan.

00:13Multiple outlets, including Politico and CNN,

00:16report President Trump is preparing to roll out a two-year plan

00:20to extend the enhanced ACA subsidies set to expire December 31st.

00:25The announcement could come at any time.

00:27Without action, premiums could double next year,

00:30and millions would lose coverage, according to KFF and the Congressional Budget Office.

00:35The White House framework, still not final, would add new income caps to qualify for subsidies

00:40and require every enrollee to pay at least something in monthly premiums.

00:45That move targets what Republicans say has been a wave of fraud tied to zero-premium plans.

00:51The plan would also push Congress to fund cost-sharing reductions,

00:55lowering out-of-pocket costs, and give enrollees the option to divert part of their credit

01:00into a health savings account if they choose a lower-tier plan.

01:04This comes as Republicans remain split.

01:06Hardliners want the subsidies to expire.

01:09Moderates want them extended.

01:10And Democrats are already preparing to make any premium spike a major midterm issue.