Opinion: Trump's executive order will force Congress to take action on healthcare reform
EDITOR'S NOTE: Boris Epshteyn formerly served as a Senior Advisor to the Trump Campaign and served in the White House as Special Assistant to The President and Assistant Communications Director for Surrogate Operations.
WASHINGTON (Sinclair Broadcast Group) - Healthcare is back on the forefront.
Last week President Trump signed an executive order ending the administration’s payout to insurance companies for cost sharing reductions or CSRs. Those payments were put in place to subsidize premiums the insurance companies are charging.
The President said it was time to stop lining the pockets of the insurance companies who have seen record profits since Obamacare was signed into law.
The president faced criticism for this action with some saying it will only hurt the insurance markets and further destabilize Obamacare.
The reality is that Obamacare has been on a downward spiral for a long time. Americans are paying more and have less choice of medical and insurance providers.
The president’s executive order is a smart negotiation tactic to force Congress to act on healthcare reform.
Senators Patty Murray, a Democrat, and Lamar Alexander, a Republican, have released a proposal for a short-term solution. The president and Speaker Ryan, have backed away from this version, stating that it does not go far enough in reforming our nation's healthcare.
Here’s the bottom line: when a program is dying, it makes no sense to throw $7 billion each year to prop it up. The president’s actions may appear to cause more uncertainty, but in fact are calculated steps toward a long-term solution for healthcare in this country. Congress now has to take advantage of the opportunity of being effectively forced to take bipartisan action on healthcare reform.