President Donald Trump has claimed that under the Affordable Care Act, insurance companies have “taken advantage of this country” and “made a fortune,” which he “stopped” by ending payments for cost-sharing subsidies on the ACA marketplaces. That’s misleading, at best, for several reasons.
Republicans are spinning their health care bills’ impact on Medicaid. Sen. Pat Toomey made the questionable claim that under the Senate bill “no one loses coverage” gained under the Affordable Care Act’s Medicaid expansion. White House Counselor Kellyanne Conway claimed there “are not cuts to Medicaid” in the bills that reduce future Medicaid spending by hundreds of billions.