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Trump healthcare move threatens sharply higher premiums, market chaos

L.A. Times Friday, 13 October 2017 ()
President Trump’s move late Thursday to cut off critical federal payments to health insurers sent shock waves through the healthcare system Friday, threatening widespread disruption to markets nationwide and igniting new legal and political battles over the Affordable Care Act.

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News video: Trump Cutting Obamacare Insurance Subsidies

Trump Cutting Obamacare Insurance Subsidies 02:17

In a late night announcement on Thursday, the White House said they would halt health insurance subsidies for low and moderate income people who buy coverage on the Affordable Care Act, aka Obamacare, exchanges.

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