Swordsmyth
07-31-2017, 04:50 PM
After the Senate failed to repeal Obamacare on Thursday, when a critical "Nay" vote by John McCain crushed Trump's biggest campaign promise shortly after midnight, on Saturday the President (http://www.zerohedge.com/news/2017-07-29/trump-threatens-end-obamacare-payments-insurance-bailouts-unless-repeal-passes)threatened to end key payments to Obamacare insurance companies if a repeal and replace bill is not passed. "After seven years of 'talking' Repeal & Replace, the people of our great country are still being forced to live with imploding ObamaCare!" Trump tweeted, followed by: "If a new HealthCare Bill is not approved quickly, BAILOUTS for Insurance Companies and BAILOUTS for Members of Congress will end very soon!."
Now, in previewing what may be Trump's next potential step to keep the fight against Obamacare alive, Reuters reports (http://www.reuters.com/article/us-usa-healthcare-hatch-idUSKBN1AG29J?feedType=RSS&feedName=topNews&utm_source=twitter&utm_medium=Social)that Senator Rand Paul told reporters that Trump is "considering taking some form of executive action" to address problems with the healthcare system.
Paul said he spoke to President Donald Trump by phone about healthcare reform on Monday and told the president he thought Trump had the authority to create associations that would allow organizations to offer group health insurance plans.
Allowing groups like AARP, which represents retirees, to form health associations could enable individuals and small businesses to form larger groups to negotiate with health insurance companies for lower rates.
Such a move would also allow Trump to implement his threat of "ending bailouts for insurance companies."
Saturday was not the first time Trump had made a similar threat: the president previously threatened to withhold Cost Sharing Reduction payments, or CSR, which lower the amount individuals have to pay for deductibles, co-payments and insurance. While the White House announced earlier this month that key ObamaCare subsidies to insurers would be paid this month, the administration did not make a commitment beyond July.
More at: http://www.zerohedge.com/news/2017-07-31/rand-paul-trump-considering-executive-action-healthcare
Now, in previewing what may be Trump's next potential step to keep the fight against Obamacare alive, Reuters reports (http://www.reuters.com/article/us-usa-healthcare-hatch-idUSKBN1AG29J?feedType=RSS&feedName=topNews&utm_source=twitter&utm_medium=Social)that Senator Rand Paul told reporters that Trump is "considering taking some form of executive action" to address problems with the healthcare system.
Paul said he spoke to President Donald Trump by phone about healthcare reform on Monday and told the president he thought Trump had the authority to create associations that would allow organizations to offer group health insurance plans.
Allowing groups like AARP, which represents retirees, to form health associations could enable individuals and small businesses to form larger groups to negotiate with health insurance companies for lower rates.
Such a move would also allow Trump to implement his threat of "ending bailouts for insurance companies."
Saturday was not the first time Trump had made a similar threat: the president previously threatened to withhold Cost Sharing Reduction payments, or CSR, which lower the amount individuals have to pay for deductibles, co-payments and insurance. While the White House announced earlier this month that key ObamaCare subsidies to insurers would be paid this month, the administration did not make a commitment beyond July.
More at: http://www.zerohedge.com/news/2017-07-31/rand-paul-trump-considering-executive-action-healthcare