The subsidies help alleviate out-of-pocket costs for individuals, but President Donald Trump has been vague about whether or not he plans to keep them. The uncertainty threatens insurance exchanges as payers need to know if they will be funded before setting premium rates.
Covered California is in the midst of premium negotiations with insurers for 2018, and has said that if the federal government does not give an answer regarding the fate of subsidies by mid-August, it will tell insurers to raise premiums.
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