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HomeFocus → Trump administration halts billions in insurance payments under Obamacare

Trump administration halts billions in insurance payments under Obamacare Print E-mail
Written by FHI's Week in Review   
Monday, 09 July 2018 16:46
 
Reuters reports on July 7 that the Trump administration on Saturday halted billions of dollars in payments to health insurers under the Obamacare healthcare law, saying that a recent federal court ruling prevents the money from being disbursed. The Centers for Medicare and Medicaid Services, which administers programs under the Affordable Care Act, said the action affects $10.4 billion in risk adjustment payments. The payments are intended to help stabilize health insurance markets by compensating insurers that had sicker, more expensive enrollees in 2017.
 
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Last Updated on Monday, 09 July 2018 17:11
 


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