States to sue to block Trump cutoff of Obamacare money, as higher-income customers face biggest hit

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New York State Attorney General Eric Schneiderman.

The attorneys general for New York, California, and more than a dozen other states moved Friday to sue the Trump administration to block the cutoff ofcritical Obamacare payments to health insurers.

At the same time, health insurance experts warned that the administration’s decision to end those federal payments will tend to financially harm middle-class Obamacare customers and comes at perhaps the worst possible time to take such an action.

New York Attorney General Eric Schneiderman called President Donald Trump’s termination of the so-called cost-sharing reduction reimbursements “cruel,” “breathtakingly reckless” and “unlawful.”

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