Trump denies he pushed two-year healthcare subsidies extension
- Health insurance premiums for millions of Americans are set to significantly increase if Affordable Care Act (ACA) subsidies expire at the end of the year.
- Donald Trump has denied reports that he advocated for a two-year extension of the ACA subsidies, labelling Obamacare a 'disaster'.
- Despite his denial, Trump conceded that 'some kind of extension may be necessary' to achieve other healthcare objectives, whilst attributing rising premiums to Democrats.
- More than 24 million people enrolled in the ACA Marketplace currently receive these subsidies, and their premiums could more than double without an extension.
- Republicans are working to develop their own affordable healthcare policy, with Senate Majority Leader John Thune having pledged a vote on extending subsidies by mid-December.