White House Ends ACA Subsidies

Posted by Cornerstone on Oct 13, 2017 1:38:07 PM

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The White House announced on Oct. 12 that it will end reimbursements for low-income individuals who purchase insurance through the Exchanges. The cuts are effective immediately.

This decision will likely affect the open enrollment period beginning Nov. 1. Some states have indicated their intention to sue the federal government to force these subsidies to be paid. However, until a federal court intervenes or Congress enacts an appropriation for these payments, it is possible that these cost-sharing reductions will no longer be paid.

For more information on the announcement that the White House will end ACA subsidies, please click here.

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