The U.S. Chamber of Commerce is backing health insurers' plea for cost-sharing reduction program funding. (Photo: Shutterstock)

Trump administration officials shook health insurers, and health care providers, late Thursday by announcing they will cut off Affordable Care Act cost-sharing reduction (CSR) subsidy program payments.

The $7 billion cost-sharing reduction subsidy program is helping 7 million ACA exchange plan users with income from 100% to 250% of the federal poverty level handle health plan deductibles, co-payments and coinsurance amounts for silver-level coverage. The money goes straight to the health insurers. The next payment to insurers was due next week.

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