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Trump's move will lead to higher premiums for middle class consumers he's vowed to protect
The federal government will still be covering the cost of higher premiums for millions of lower-income people after President Trump's decision late Thursday to stop paying subsidies that cover consumers' out-of-pocket health insurance costs. In some states, including California, insurers only increased premiums on the silver level plans lower income people have to buy to get the subsidies. That means as the rates rise, so do the credits, according to health policy analysts including Levitt and the Urban Institute.
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