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Monday, Oct 16 2017

Full Issue

Trump Touts Own Executive Order As Health Stocks Plunge On News

President Donald Trump also says he wants Democrats to "get smart" and "deal."

President Trump tweeted Saturday he is聽"very proud" of his recently-signed executive order on health care. 鈥淰ery proud of my Executive Order which will allow greatly expanded access and far lower costs for HealthCare,鈥 Trump tweeted. 鈥淢illions of people benefit!鈥 Trump also claimed聽that health insurance stocks fell after his decision to end key ObamaCare payments was announced. (Carter, 10/14)

President Trump on Friday ripped Democrats聽critical of his move to end key payments聽to insurers selling ObamaCare plans,聽saying聽lawmakers from the聽opposing party must "get smart & deal." "Money pouring into Insurance Companies profits, under the guise of ObamaCare, is over. They have made a fortune. Dems must get smart & deal!"聽Trump wrote on Twitter. (Manchester, 10/13)

It is unlike President Trump to cheer when stocks fall, but early on Saturday he did just that. 鈥淗ealth insurance stocks, which have gone through the roof during the ObamaCare years, plunged yesterday after I ended their Dems windfall!鈥 he tweeted. (Fortin, 10/14)

Frustrated by Congress鈥檚 inaction on ObamaCare repeal, President Trump is taking a big political risk in using his authority to dismantle the health-care law piece by piece. Democrats say Trump now owns ObamaCare, bearing responsibility for any problems that arise in the system, including higher premiums and insurer exits. (Hellmann and Roubein, 10/15)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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