Halt In Subsidies For Health Insurers Expected To Drive Up Costs For Middle Class

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President Trump's decision Thursday to end subsidy payments to health insurance companies is expected to raise premiums for middle-class families and cost the federal government hundreds of billions of dollars. The administration said it would stop reimbursing insurers for discounts on co-payments and deductibles that they are required by law to offer to low-income consumers. The reimbursements are known as cost-sharing reduction payments, or CSRs. Insurance companies still have to give the discounts to low-income customers. So if the government doesn't reimburse the insurers, they'll make up...

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