The WasteWatcher: The Staff Blog of Citizens Against Government Waste

Alexander-Murray

Will the Alexander-Murray Bill Prop Up or Make Big Changes to Obamacare?

Late Thursday night last week, President Trump announced his administration would stop providing Cost-Sharing Reduction (CSRs) payments to insurers.  What are CSRs?  They are subsidies, or reimbursements, given to insurers by federal taxpayers for issuing reduced deductibles and copayments to low-income individuals that participate in the Obamacare exchanges.  CSRs are not payments given directly to low-income people to help them buy insurance

Why did the President Trump state his administration could no longer provide the CSRs?  Because the subsidies were illegal.

Sign Up for Email Updates!Click Here!

View Archives

Posts by Author

Posts by Tag

Big Government (151) Waste (72) Obamacare (68) Budget (66) Healthcare (65) Congress (59) Uncategorized (56) Telecommunications (49) Debt (43) Technology (42) Deficit (42) Internet (41)