Peter Lee, executive director of California's insurance exchange Covered California, says individual insurance markets were on their way toward stabilization before President Donald Trump interfered, according to Business Insider.
Mr. Lee said President Trump's decisions to end cost-sharing subsidies, shorten the ACA enrollment period from 12 to six weeks and reduce the ACA marketing budget are the reasons for the instability of ACA markets.
"This is now on President Trump, the healthcare market is not about President Obama anymore," Mr. Lee told Business Insider. "They are the responsibility of this president, and they have to be owned by this president."
Mr. Lee said President Trump is correct in saying ACA markets are failing, but it is actually his administration that is to blame.
"So I think there is a truth to it — Obamacare is gone," Mr. Lee said. "The reality is what is going to come home to roost for this president and this Congress is a collapsed individual market that was working well."