Obamacare Markets Stabilize as Premiums Remain High for Many
- Trump administration has made several moves to undercut law
- Premiums level off in 2019 at prices still too high for many
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When insurance customers log onto the Affordable Care Act’s sign-up websites Thursday, they’ll find that health-care coverage prices are high but largely stable, after months of tinkering by the Trump administration.
While many of Obamacare’s core elements remain intact, other pieces have been weakened or removed. President Donald Trump pledged to “let ObamaCare implode,” and cut some of the law’s subsidies. Congress neutered a mandate to buy coverage, and the administration has promoted cheaper plans with fewer benefits.