Obamacare

Updated at 11:40 p.m. ET

The Trump administration said Thursday that it would end the Affordable Care Act's cost-sharing reduction payments designed to help low-income Americans get health care. Not paying the subsidies, health care experts have warned, could send the health insurance exchanges into turmoil.

President Trump signed an executive order Thursday that is intended to provide more options for people shopping for health insurance. The president invoked his power of the pen after repeated Republican efforts to repeal the Affordable Care Act, also known as Obamacare, have failed.

"The competition will be staggering," Trump said. "Insurance companies will be fighting to get every single person signed up. And you will be, hopefully, negotiating, negotiating, negotiating. And you will get such low prices for such great care."

Gage Skidmore, Wikimedia Commons, CC BY-SA 2.0

  Sen. Rand Paul said he still opposes the GOP’s most recent attempt to repeal elements of the Affordable Care Act, despite changes to the legislation over the weekend.

Lisa Gillespie, WFPL

If the latest attempt to repeal and replace the Affordable Care Act is successful next week, more than 400,000 people in Kentucky who have health insurance through the Medicaid expansion would lose their coverage.

Open enrollment for Affordable Care Act insurance doesn't start for another six weeks. But the quirky insurance startup Oscar Health is launching an ad campaign Monday aimed at getting young people to enroll.

The company is boosting its ad spending after the Trump administration announced it would slash its ACA advertising budget by 90 percent.

The Trump administration is giving insurance companies an extra three weeks to decide whether to offer insurance plans through the Affordable Care Act markets, and how much to charge.

The extension comes as insurance companies wait for President Trump to decide whether he will continue to make payments to insurance companies that are called for under the Affordable Care Act but that some Republicans have opposed.

Ryland Barton, WFPL, cropped

President Donald Trump is using his bully pulpit to scold Kentucky’s senior senator Mitch McConnell for failing to pass a bill that would repeal the Affordable Care Act, also known as ‘Obamacare.’

Cathy Yeulet, 123rf Stock Photo

For over three decades, Sarah Cox has given women pap smears, mammograms and advice about options for contraception. But her Louisville practice is small – only five people – and she can’t afford to provide her employees with health insurance. That benefit gap wasn’t usually a problem until one employee’s circumstances changed and they needed insurance.

The Affordable Care Act is not "exploding" or "imploding," as President Trump likes to claim. But Trump does hold several keys to sabotaging the insurance marketplaces, should he so choose — one of which his administration is reportedly weighing using.

Updated 6:56 p.m. ET

Senate Republicans on Thursday released a revised version of the Better Care Reconciliation Act, their plan to replace the Affordable Care Act.

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