Donald Trump’s health care orders will hurt middle-class, self-employed Americans

The Economist

13 October 2017 - By starving Obamacare of cash, the White House is taking a political gamble.

The strange thing about Donald Trump’s new executive actions on health care is the identity of those who will suffer their consequences. On October 12th Mr Trump kicked off a deregulatory process to permit widespread formation of so-called Association Health Plans (AHPs), insurance policies run by groups of small firms. 

Then his administration announced that it would stop paying cost-sharing subsidies, payments to insurers to compensate them for lowering deductibles and other out-of-pocket costs for the poorest buyers. Both moves are likely to end up inflicting the most pain on self-employed, middle- to upper-income folk—in other words, on a Republican constituency.

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Michael Wonder

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Michael Wonder