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Trump Urges Obamacare Fix, Senator Says, After Ending Key Plank

  • Senator said he’s working on bill to pay insurance subsidies
  • Legislative talks spurred by end to payments, Trump says
Bloomberg business news
Trump Says CSRs Were a 'Gift' to Insurance Companies
Updated on

President Donald Trump gave his blessing to a bipartisan health-care bill to pay the same insurance subsidies that the president said he’d halt last week, according to a Republican senator working on the package.

Last Thursday, Trump said he would stop making Obamacare’s “cost-sharing reduction” payments, which go to health insurers in the Affordable Care Act and help lower-income people afford co-payments and other cost-sharing, so that they can see a doctor or pick up a prescription.