President Donald Trump created doubt and confusion Wednesday about a bipartisan deal to prop up Obamacare exchanges, saying on Twitter that he won't support "bailing out" insurance companies that have profited from the health-care legislation.

As soon as the deal was announced Tuesday, the Trump administration was sending conflicting signals about the pact reached by Republican Senator Lamar Alexander of Tennessee and Democrat Patty Murray of Washington, which also faces ambivalence from some Republican senators and outright hostility from many House Republicans.

His Wednesday tweet added to the uncertainty: "I am supportive of Lamar as a person & also of the process, but I can never support bailing out ins co's who have made a fortune w/ O'Care." He didn't specifically say whether he opposes the legislation or whether he considers it a bailout of insurers.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.