It’s time to boot insurers off this gravy train. On his first day in office, President Trump reversed policies that would have spent more money on outdated pandemic programs. He can continue in that vein by resisting pressure to extend wasteful Obamacare subsidies beyond the end of this year.
Big insurers are beginning to panic. At the end of this year, the generous COVID-era taxpayer subsidies they’ve enjoyed on coverage sold through Obamacare’s exchanges will expire.
Good. The subsidies represent billions of dollars in corporate welfare for insurance companies — and obscure how premiums have surged under Obamacare.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
President and Congress Should Eliminate Wasteful Healthcare Subsidies
Sally C. Pipes
It’s time to boot insurers off this gravy train. On his first day in office, President Trump reversed policies that would have spent more money on outdated pandemic programs. He can continue in that vein by resisting pressure to extend wasteful Obamacare subsidies beyond the end of this year.
Big insurers are beginning to panic. At the end of this year, the generous COVID-era taxpayer subsidies they’ve enjoyed on coverage sold through Obamacare’s exchanges will expire.
Good. The subsidies represent billions of dollars in corporate welfare for insurance companies — and obscure how premiums have surged under Obamacare.
Read the op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.