Trump to make ObamaCare payments to insurers for August

Insurers have been asking Congress and the administration for certainty that they’ll continue to receive cost-sharing reduction payments (CSRs), which compensate insurers for subsidizing the out-of-pocket costs for low-income enrollees.

Instead, the administration has been making the payments on a monthly basis, which total $7 billion for fiscal 2017. President Trump has threatened to end the payments, saying ObamaCare is on track to “implode.”