U.S. Governors urge Trump to make health insurance payments

WASHINGTON (Reuters) – Democratic and Republican U.S. governors on Wednesday urged the Trump administration, as well as Congress, to continue funding payments to health insurance companies that make Obamacare plans affordable, calling it critical to stabilizing the insurance marketplace.

In a statement, governors joined insurers pressuring Republican President Donald Trump to stand down from threats to cut off about $8 billion in subsidies that help keep down costs for low-income Americans under the Affordable Care Act, Democratic former President Barack Obama’s signature domestic initiative also referred to as Obamacare.

“The Administration has the opportunity to stabilize the health insurance market across our nation and ensure that our residents can continue to access affordable health care coverage,” said the statement by the Health and Human Services Committee of the National Governors Association.

Source: U.S. Governors urge Trump to make health insurance payments

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