Susan Collins: Trump’s Actions Will ‘Destabilize’ the Insurance Market

‘What the President is doing is affecting the ability of vulnerable people to receive health care right now’

RUSH EXCERPT:

COLLINS: "Jake, the debate in Washington has been whether or not to repeal and replace ObamaCare in the future. What the president is doing is affecting the ability of vulnerable people to receive health care right now. This is not a bailout of the insurers. What this money is used for is to help low income people afford their deductibles and co-pays so their health care is available to them. In addition, the president has taken steps to cut off funding to reach people who are eligible for subsidies under the ACA. So, these certainly are very disruptive moves that will result in smaller numbers of people being insured that will make it more difficult to low income people to afford their out-of-pocket costs and that will destabilize the insurance market."

Video files
Full
Compact
Audio files
Full
Compact
Similar stories
Charlie Dent: ‘I am Fearful’ Trump’s Order to End ObamaCare Subsidies ‘Will Destabilize’ the Insurance Markets
Steven Rattner: If ‘Trump Wins You Will See a Market Crash of Historic Proportions’
Susan Collins Denies Insurance Company Subsidies Is a ‘Bailout’
Joy Behar Suggests Hillary Clinton Pick Susan Collins for VP
O’Reilly: If Sanctuary Cities Defy Trump, They Will ‘Pay a Price’