Trump admin is helping to drive down Obamacare cost

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The Health 202: The Trump administration is helping to drive down Obamacare costs
By Paige Winfield Cunningham October 17 at 8:36 AM
THE PROGNOSIS

Maryland Gov. Larry Hogan (R). (Photo by Katherine Frey/The Washington Post)
The Trump administration has been getting slammed for trying to sabotage Obamacare. But there’s a key way it has been working behind the scenes to lower health insurance premiums.

Seven states have obtained permission from the Centers for Medicare and Medicaid Services to divert some federal dollars from insurance subsidies to what’s known as reinsurance, which you could think of as insurance for insurers. Reinsurance programs help insurers cover the costs for their most expensive patients, thus allowing them to lower overall monthly premiums for everyone.