With President Trump’s looming threat to cut Affordable Care Act subsidies, California Insurance Commissioner Dave Jones is taking measures in an attempt to stabilize the state’s health care exchange.
But with new numbers released early this week announcing higher premiums for 2018, and insurance giant Anthem announcing it will leave multiple market regions next year, the challenges of maintaining the program are becoming increasingly difficult. Jones said he may sue the Trump Administration over Cost-Sharing Reduction cuts, which fund subsidies for higher Covered CA premiums.
But what are the legalities of that move and what difference would that make to the state? Many argue that Covered CA has never fully been a success. From its inception in 2013, the program has faced numerous setbacks, from website glitches to lack of affordability and choice for people deemed to need it most.
Jones joins Larry Mantle today to speak about his plans for health care in California under a Trump Administration.
Dave Jones, Commissioner of the California Department of Insurance
Sally C. Pipes, president and CEO of the Pacific Research Institute, a nonprofit think tank focused on free-market solutions to policy problems