So this is the Obamacare plan going forward.
We are looking at the cost-sharing payments on a month-to-month basis. We made them today. We’ll make them tomorrow. But I don’t think we’ll see a long-term commitment from this administration," Mulvaney explained.
In plain English, we will continue to continue to entertain the same CSR negligence that led directly to the most recent insurance rate hikes and marketplace exits. Insurers need to predict an entire year when setting rates, so even if we decide to fund the CSR’s every month, the uncertainty that we might not will cause insurance rates to continue to go up and insurers to continue to leave the market.
Then, in retrospect, we have our sound-bite. Obamacare exploded all on its own. We funded the CSRs and the insurance markets still failed.
EDIT: Also, they would definitely fail to fund the CSR’s if any insurers decided to play politically savvy and call the administration’s bluff, failing to raise rates by enough to cover what would happen if the CSR’s weren’t funded, driving anyone out of business who doesn’t go along with the rate hike game. If it walks and talks like racketeering…