IBC Releases Statement on President's Plan to Stop Subsidies

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The gist of the complaint to be filed in the U.S. District Court in the Northern District of California is this, according to Schneiderman: The federal Affordable Care Act is the law of the land, and the cost-sharing reductions are an integral part of the law in keeping policies affordable to individuals who purchase insurance for themselves.

NY will join California, Massachusetts and a dozen other states in suing the Trump administration for eliminating the Affordable Care Act's cost-sharing reductions, Attorney General Eric Schneiderman said Friday afternoon. The payments - known as cost-sharing reductions - are required by Obamacare.

Schneiderman's office addressed the move in a statement yesterday.

"Having failed to persuade a Republican Congress to repeal the Affordable Care Act (ACA), President Trump now appears to be trying to accomplish by executive fiat what he could not through Congress - treating New Yorkers as political pawns in his effort to sabotage the health care market".

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In May, Schneiderman and California attorney general Xavier Becerra, leading a coalition of 18 attorneys general, moved to intervene in House v. Price in order to protect millions of Americans' access to affordable health care. "We have taken aggressive actions to ensure that whatever happens in Washington, essential health benefits will continue to be the rule in NY, not the exception, and we will continue to fight for quality and affordable health care for all New Yorkers".

"Our coalition of states stands ready to sue if President Trump cuts them off".

Chris Wallace, president of the Texas Association of Business, said his group was still studying the president's order. Vermont Independent Senator Bernie Sanders tells WAMC's North Country Bureau Chief Pat Bradley he is particularly concerned about President Donald Trump's executive order to roll back the Affordable Care Act.

U.S. Rep. Lamar Smith, R-San Antonio, applauded Trump "for taking action to improve access, increase choices and lower costs for Americans' health care".