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President Donald Trump will scrap subsidies to health insurance companies that help pay out-of-pocket costs of low-income people, the White House said late Thursday. His plans were disclosed hours after the president ordered potentially sweeping changes in the nation’s insurance system, including sales of cheaper policies with fewer benefits and fewer protections for consumers.

"Trump to Scrap Critical Health Care Subsidies, Hitting Obamacare Again" is from the October 12, 2017 U.S. section of The New York Times. It was written by Robert Pear, Maggie Haberman and Reed Abelson and narrated by Mike DelGaudio.

©2017 The New York Times News Service Division of The New York Times Company (P)2017 Audible, Inc.

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