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Donald Trump ends key insurance subsidies, vows to dismantle Obamacare

DNA Nancy PelosiNancy PelosiMelania TrumpMelania TrumpDonald TrumpDonald Trump
Friday, 13 October 2017 ()

U.S. President Donald Trump on Friday pledged to dismantle Obamacare "step by step" after he scrapped subsidies to health insurers that help low-income Americans pay out-of-pocket medical expenses, a move that raised concerns about chaos in insurance markets and could face legal challenges.

Trump's action, announced late on...
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News video: Trump Gives Reason for Ending Obamacare Payments

Trump Gives Reason for Ending Obamacare Payments 00:53

On Monday, Donald Trump says he cut off key payments for Obamacare due to insurers raking in cash from them to pad their massive bottom-line expansion. However, analysts say the cost-sharing reduction payments were not a "bail out" for insurers and that insurance companies weren't really making a...

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