Fox & Friends co-host Steve Doocy and guest Avik Roy repeated several debunked myths about the Affordable Care Act (ACA) and about President Donald Trump’s decision to stop funding cost-sharing reduction (CSR) payments, a crucial subsidy under the ACA.
Roy, the president of a conservative think tank, claimed that Trump is not sabotaging Obamacare, arguing that, “in fact, what the president did was actually very modest, very incremental, and very positive for the insurance markets.” In fact, the Center on Budget and Policy Priorities has tracked the many steps Trump has taken to sabotage the ACA. Some insurers who have had to raise rates on customers have explicitly blamed Trump for their decision to do so. And Trump himself pledged to “Let Obamacare implode” after Congress failed to pass a plan to repeal the law. In an October 14 speech, former White House chief strategist and Trump campaign chairman Steve Bannon told an audience the president’s move to end CSRs was “gonna blow those exchanges up.”
Roy’s claim that ending CSRs is “very positive for the insurance markets” is also false. Timothy Jost, an expert in health law and a consumer liaison representative to the National Association of Insurance Commissioners, explained that ending these payments may cause insurers to “give up on the exchanges for 2018.” The nonpartisan Congressional Budget Office (CBO) estimated that ending these payments could cause some plans to to “rise by about 20 percent in 2018” compared to current projections. Additionally, the Kaiser Family Foundation found that ending CSR payments “would result in a net increase in federal costs of $2.3 billion” next year due to the higher cost of tax credits for those with higher premiums.
Roy also falsely attributed premium increases over the last four years to the ACA, but as Forbes contributor Robb Mandelbaum pointed out, “Health insurance premiums have been rising for decades, almost (though not quite) as stubbornly reliable as an eastern sunrise.” And studies have found that these premium increases would have been a lot higher without the ACA.
From the October 17 edition of Fox News’ Fox & Friends: