Schumer and Pelosi: ‘American families will suffer just because President Trump wants them to’
President Donald Trump speaks as Sen. Rand Paul (R-Ky.) left, Secretary of Labor Alexander Acosta, third from right, and Secretary of the Treasury Steven Mnuchin, second from right, look on after Trump signed the executive order to loosen restrictions on Affordable Care Act "to promote health care choice and competition." (Alex Wong/Getty Images)
The administration will stop reimbursing health insurers for the 2010 health care law’s controversial cost-sharing reduction payments, the White House said Thursday night.
“Based on guidance from the Department of Justice, the Department of Health and Human Services has concluded that there is no appropriation for cost-sharing reduction payments to insurance companies under Obamacare,” the White House Office of the Press Secretary said in a statement. “In light of this analysis, the Government cannot lawfully make the cost-sharing reduction payments.”