When President Donald Trump, shown speaking at the White House last week, decided to stop making the “cost-sharing reduction” payments to health insurers, there were side effects. New York and Minnesota, for example, lost significant funding to a health program that covers more than 800,000 low-income residents.
Comprehensive health care coverage for more than 800,000 low-income people in New York and Minnesota who pay a fraction of the typical cost of a marketplace plan may be in jeopardy, after the federal government partially cut funding this year.
The Basic Health Program, in which these consumers are enrolled, was created under the Affordable Care Act to provide another coverage option for people with incomes up to 200 percent of the federal poverty level
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