The Hill quoted Manatt’s Joel Ario, a managing director with Manatt Health, on important things to know about the Trump administration’s new Affordable Care Act decision. The administration recently chose to end payments to insurers that were meant to help low-income people afford their insurance.
The publication explained that ending these payments won’t necessarily kill the Affordable Care Act. Ario stated that there will likely be fewer people signing up for insurance during the upcoming open enrollment period and that people who do sign up will likely be sicker. While this could make insurance more expensive, Ario explained that people shouldn’t expect the insurance markets to collapse—as long as the law protects people with pre-existing conditions and provides tax credits to help people lower their premiums.
“There’s going to be a core number of people in these marketplaces, so there’s not much chance of collapse, but they will certainly languish,” said Ario.
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