Covered California Had Already Taken Steps To Minimize Impact Of Trump’s Decision
The state has added a surcharge on premiums for silver plans, but most consumers who choose these plans will be shielded from those increases because as their premiums go up, so will their premium subsidies.
Los Angeles Times:
What Trump's Decision To End A Federal Healthcare Subsidy Means For Californians
According to experts, withdrawal of the subsidies could lead insurers to drop out of the exchanges, healthcare marketplaces to collapse and premiums to increase. The biggest effect would be on the individual insurance market, through which about 3 million Californians buy a health plan. (Karlamangla, 10/14)
Ventura County Star:
Officials: County Shielded From Brunt Of ACA Changes
The 16,600 Ventura County residents who receive government aid in paying insurance deductibles and co-pays will still get that help despite President Donald Trump's decision to stop subsidies to the insurers who offer the assistance, Covered California officials said Friday. The White House announced late Thursday that it would immediately halt the payment to insurance companies designed to help low-income people cover out-of-pocket costs in insurance plans created through the Affordable Care Act. (Kisken, 10/13)
KPCC:
California Feels Protected Against Trump Pulling Health Care Subsidies
California officials are denouncing President Trump for ending the subsidies that help cover out-of-pocket medical costs for 670,000 lower-income Californians. But experts believe the state's health care marketplace is mostly insulated from a move that could hit the industry hard in other parts of the country. (Faust, 10/13)