US President Donald Trump has threatened to end government payments to health insurers unless politicians repeal and replace the "imploding" Obamacare law.
Mr Trump took to Twitter this morning in apparent frustration over Friday's failure by the Senate Republican majority to pass a bill repealing parts of the Affordable Care Act.
"If a new HealthCare Bill is not approved quickly, BAILOUTS for Insurance Companies and BAILOUTS for Members of Congress will end very soon!" he wrote.
The first part of Mr Trump's tweet appeared to be referring to the approximately $US8 billion in cost-sharing reduction subsidies paid by the Government to insurers to lower the price of health coverage for low-income individuals.
The second part of the tweet appeared to be a threat to end the employer contribution for members of Congress and their staff, who were moved from the normal federal employee healthcare benefits program onto the Obamacare insurance exchanges as part of the 2010 healthcare law.
Mr Trump took to Twitter this morning in apparent frustration over Friday's failure by the Senate Republican majority to pass a bill repealing parts of the Affordable Care Act.
"If a new HealthCare Bill is not approved quickly, BAILOUTS for Insurance Companies and BAILOUTS for Members of Congress will end very soon!" he wrote.
The first part of Mr Trump's tweet appeared to be referring to the approximately $US8 billion in cost-sharing reduction subsidies paid by the Government to insurers to lower the price of health coverage for low-income individuals.
The second part of the tweet appeared to be a threat to end the employer contribution for members of Congress and their staff, who were moved from the normal federal employee healthcare benefits program onto the Obamacare insurance exchanges as part of the 2010 healthcare law.
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