The White House will stop paying vital subsidies that offset the costs for insurers of covering lower-income people, White House Press Secretary Sarah Huckabee Sanders confirmed in a statement Thursday.
“The Department of Health and Human Services has concluded that there is no appropriation for cost-sharing reduction payments to insurance companies lawfully under Obamacare,” Sanders’ statement said.
There it is. No more cost sharing subsidies. pic.twitter.com/6bkjhpjzDV