Report: Higher premiums if Trump halts 'Obamacare' subsidies


              FILE - In this July 24, 2017 file photo, President Donald Trump speaks about healthcare in the Blue Room of the White House in Washington. People buying individual health care policies would face sharply higher premiums, and some may be left with no insurance options if President Donald Trump makes good on his threat to stop "Obamacare" payments to insurers, congressional experts said Tuesday, Aug. 15, 2017.  (AP Photo/Alex Brandon, File)
FILE - In this July 24, 2017 file photo, President Donald Trump speaks about healthcare in the Blue Room of the White House in Washington. People buying individual health care policies would face sharply higher premiums, and some may be left with no insurance options if President Donald Trump makes good on his threat to stop "Obamacare" payments to insurers, congressional experts said Tuesday, Aug. 15, 2017. (AP Photo/Alex Brandon, File)

WASHINGTON (AP) - The Congressional Budget Office says premiums for a popular type of individual health plan would rise sharply if President Donald Trump makes good on his threat to stop "Obamacare" payments to insurers.

The nonpartisan number crunchers also estimate that cutting off the money would leave more people with no insurance options.

And they say it would add $194 billion to federal deficits over a decade, because other subsidies would automatically go up, more than wiping out any savings

At issue are the Affordable Care Act's "cost-sharing" payments, totaling about $7 billion this year, which reimburse insurers for subsidizing out-of-pocket costs for people with modest incomes.

It's a financial break that can cut a deductible of $3,500 down to a few hundred dollars.

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