Donald Trump’s Obamacare Order Is Prompting Hefty Premium Hikes


Donald Trump’s Obamacare Order Is Prompting Hefty Premium Hikes

President Donald Trump’s decision to end subsidy payments to insurance companies to cover the cost of poor people’s deductibles has already led a number of insurers to hike premiums.
Some of these hikes came before the president’s decision to abruptly end the so called Cost Sharing Reductions (CSR). In fact, a number of states and insurers were anticipating Trump’s decision and began to prepare consumers early; such as New Hampshire, where the expectation was set for a 43 percent median premium hike months ago.
But some of the hikes have come strictly after Trump announced his policy, …

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