US EditionTrump to summon insurance execs to demand premium cuts
Trump aims to replicate pharmaceutical price cuts by urging insurers to lower premiums for over 20 million Americans facing rising costs after subsidy expirations.
- As federal pandemic subsidies expire, hundreds of thousands of Coloradans face monthly premium increases over $250 for individual health insurance plans.
- Without affordable coverage options, some are contemplating going uninsured despite ongoing health needs.
- A minority of House Republicans joined Democrats in seeking to extend the subsidies for three years, but no action has been taken.
20 Articles
20 Articles
Trump Plans to Discuss Potential Price Cuts With Health Insurers
President Donald Trump said on Dec. 19 that he plans to hold a meeting with health insurance companies to discuss potential price cuts as he seeks to reduce health care costs for U.S. consumers. “I think that the insurance companies, we should have a meeting. We should talk to them,” Trump told reporters during a White House event. “Because I would say that maybe with one talk, they would be willing to cut their prices by 50, 60, or 70 percent. …
The Fort Morgan Times
Coloradans weigh options as health insurance premiums double: ‘If something bad happens, are we going to go bankrupt?’
As a cancer survivor, Alex Modisette doesn’t want to go without health insurance, but she doesn’t see another option as her family’s monthly costs are set to rise more than 140%. Modisette, who owns a small construction business with her husband in Castle Rock, said they currently pay about $175 a month for insurance bought on the state’s marketplace. When enhanced federal subsidies expire in January, the family’s monthly cost would jump to $430…
Donald Trump said on Friday that he was going to ask the employers of health insurance, private in the United States, to lower their prices, to two weeks of a significant increase in these costs for millions of Americans.
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