Feb 14, 2018

Freedom Partners Statement: No Justification for Obamacare Bailouts

Post by Freedom Partners

Arlington, VA – Freedom Partners Executive Vice President Nathan Nascimento responded today to calls by the Trump administration in their newly released budget for the reinstatement of funding for cost sharing subsidies (CSRs) and risk corridors in Obamacare that send billions of tax dollars to health insurance companies each year:

“The Trump administration was absolutely right when it called this corporate welfare a ‘payoff to insurance companies’ that was ‘terrible policy.’ We urge Congress and the Trump administration to remember why they opposed these payoffs in the first place. The standard that was set for budgeting at the beginning of the administration was whether they could justify asking taxpayers to pay for it. We hope they get back to that standard because the answer in this case is clearly ‘no.’”