Mediacom world news portal
A day earlier President Donald Trump signed an executive order to remove a key component of the Affordable Care Act (ACA). In response to President Trump, 18 states sued the administration on Friday to prevent the removal of subsidies, which is a key provision that helps millions of low-income Americans pay medical expenses.
The collective response from U.S states comes 24 hours later, and this recent action from the Trump administration is an attempt to finally dismantle the signature healthcare law passed by former President Barack Obama.
This political action on reforming healthcare remains contentious. Insurance markets were already in uncertainty with this recent turn of events. According to Reuters, “His latest action raised concerns about chaos in insurance markets. The subsidies cost $ 7 billion this year and were estimated at $ 10 billion for 2018, according to congressional analysts.”