Trump administration says Obamacare plan premiums to fall

Monthly premiums for an average 2020 Obamacare health insurance plan will fall about 4 percent from this year, according to a report released Tuesday by the Trump administration, which has tried to dismantle the program. The Trump administration has cut back on funding for the health insurance program, which was created by President Barack Obama as part of the Affordable Care Act and is often called Obamacare, and has sought to overturn it in Congress and legal courts. Obamacare provides needs-based subsidies to help low-income people buy health insurance.

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