23 Oct 2017 7:27 pm
Trump's Obamacare ad cuts will slash health enrollment by at least 1.1 million, analysis says.
Obamacare enrollment will drop by at least 1.1 million because of outreach cutbacks by the Trump administration, a new analysis estimates.
The administration cut the outreach and education budgets by $90 million, or 90 percent, in August.
Other factors, including a shorter sign-up season and negative messaging by the administration, could depress enrollment further.
The Trump administration's move to slash Obamacare outreach and education budgets will lead to at least 1.1 million fewer people signing up for health insurance this enrollment season, a new analysis estimates.
And those 1.1 million lost customers will tend to be younger and healthier than the people who do sign up, putting even more financial pressure on health insurers, the analysis found.
As a result, insurance premium "prices are going to go up," said the analysis' author, Joshua Peck, former chief marketing officer for HealthCare.gov, the federally run Obamacare marketplace.
https://www.cnbc.com/amp/2017/10/23/tru ... llion.html