White House continuing subsidy payments through at least August — 4 key notes

The White House announced ACA-related subsidy payments would continue through August, with a decision about 2018 payments imminent, CNBC reports.

Here's what you should know:

1. The Congressional Budget Office released an analysis that ACA-related premiums would increase more than 20 percent if subsidies ended in 2018.

2. President Donald Trump threatened multiple times to eliminate payer subsidies in 2018. However, Sen. Lamar Alexander, R-Tenn., said Congress was working to guarantee the subsidies through 2018.

3. The federal government pays $7 billion in cost-sharing subsidies. It helps payers offset potential losses from offering plans to low-and moderate-income beneficiaries.

4. Despite threatening to discontinue the subsidies, President Trump has approved them to continue every month since taking office.

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