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Politics : Liberalism: Do You Agree We've Had Enough of It?

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From: Kenneth E. Phillipps10/17/2017 11:16:16 AM
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Regulator points the finger directly at Trump after approving massive health care rate increase
In comments made to the Philadelphia Inquirer, acting Pennsylvania Insurance Commissioner Jessica Altman traced the unexpected rate 30.6 percent increase directly back to President Trump’s decision to cut off the cost-sharing reduction (CSR) payments insurers use to subsidize coverage for low-income people.
“This is not the situation I hoped we would be in, but due to President Trump’s refusal to make cost-sharing reduction payments for 2018 and Congress’s inaction to appropriate funds, it is the reality that state regulators must face and the reason rate increases will be higher than they should be across the country,” said Altman of the rate increase, which was approved Monday.
thinkprogress.org
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