President Trump reiterated his stance that he will only support healthcare legislation if Americans directly receive money, allowing them to choose and buy their own healthcare plans. That comes as Affordable Care Act (ACA) subsidies are set to expire at the end of the year, risking higher payments for millions of Americans.
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“THE ONLY HEALTHCARE I WILL SUPPORT OR APPROVE IS SENDING THE MONEY DIRECTLY BACK TO THE PEOPLE, WITH NOTHING GOING TO THE BIG, FAT, RICH INSURANCE COMPANIES, WHO HAVE MADE $TRILLIONS, AND RIPPED OFF AMERICA LONG ENOUGH,” Trump said in a Truth Social post on Tuesday.
ACA Subsidies Extension Vote Set for December
The expiration of ACA subsidies would result in premiums rising by 114%, according to KFF, a non-profit health research firm. Democrats are in favor of extending the subsidies, while most Republicans support Trump’s proposal of sending payments directly to Americans.
The Senate is set to vote on the fate of the subsidies by mid-December, which was a condition included in the deal both parties struck to reopen the government.
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