A number of insurance companies, including Centene and Anthem, and hospitals have already saw their stocks decline.
Two major insurance industry groups, America's Health Insurance Plans and the Blue Cross Blue Shield Association said the move would make it harder for patients to access the care they need.
"We need constructive solutions that increase consumer choice, lower consumer costs and stabilize local markets," the two groups said in a statement Friday. "Terminating this critical program will do just the opposite."
Senate Minority leader Chuck Schumer said on Friday that "threats and bulling" from the president would not force Democrats to repeal Obamacare, stressing that Trump has "a decreased level of trust" with voters and congressional Democrats.
As of Friday, 18 states have signed onto the lawsuit filed in federal court in California against the president's decision to end the cost-sharing subsidies, alleging that the move is not following federal law in ending a legally mandated system that already is operating.
"Without the ACA and its subsidies for these families, millions more would be left in the cold without coverage," California Attorney General Xavier Becerra said in a statement.
Connecticut Attorney General George Jepsen said the president's latest action is "incredibly mean-spirited".
He warned that it would drive up health insurance prices enough that healthier people will flee the insurance markets, resulting in higher costs for those who remain.
【国际英语资讯:Spotlight: Trump touts health care executive order amid criticism, insurance market jitters】相关文章:
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