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Fact Based List:
Reuters: Possible Outcomes from Stopping ACA Payments
Submitted By Anonymous, Created 04/27/2017 - 09:59
- The government could save $10 billion by revoking the ACA payments
- Insurers that remain in the market would have to hike premiums nearly 20% to cover their losses
- The U.S. government's costs could increase by $2.3 billion in 2018 if Congress and President Donald Trump decide not to fund ACA-related payments
- The ACA payments amount to about $7 billion in fiscal year 2017 and help cover out-of-pocket medical costs for low-income Americans
- The government would have to spend $12.3 billion on tax credits to help pay for Americans' premium costs
Source: Reuters
Source URL: http://www.reuters.com/article/us-usa-healthcare-payments-id...