HEALTHCARE/OBAMACARE(ACA)/POLITICS/TRUMP AS PRESIDENT: “Even as Anthem, one of the nation’s largest insurers, reported an improved financial picture for the last year, the company warned on Wednesday [4-26-17] that it would consider leaving some federal health care marketplaces or raising its rates sharply if the government does not continue subsidies to help low-income people.
Joseph R. Swedish, the company’s chief executive, set a deadline of early June for a decision on the subsidies, saying Anthem would weigh increasing rates by at least 20 percent next year.
These subsidies, called cost-sharing reductions because they reduce the amount people must pay out of pocket when they go to the doctor, have become a political football as President Trump and House Republicans try to repeal the federal health care law and negotiate a spending bill with a deadline looming this week.”
-Reed Abelson, “Anthem Threatens to Leave Health Exchanges if Subsidies Are Halted,” The New York Times online, April 26, 2017