Tuesday, Jul 17th

Last update05:20:13 AM GMT

You are here News Health Trump administration freezes billions in Obamacare payments, outraging advocates

Trump administration freezes billions in Obamacare payments, outraging advocates

E-mail Print PDF
Trump freezes billions in Obamacare payments

The Trump administration is freezing billions of dollars of payments to Obamacare health insurers, another blow to the fragile markets as health plans begin to set premiums and get ready for the next enrollment season.

The so-called risk adjustment payments are supposed to protect insurers from big losses. The health plans pay into a pool – this doesn’t involve tax dollars – and funds are transferred to insurers that ended up with many high cost patients. For 2017, $10.4 billion was involved.

The Centers for Medicare and Medicaid Services said in a statement over the weekend it was halting the decision after a federal court in New Mexico court decided in February the payments were based on flawed rules. It also said it would appeal – particularly because another court in Massachusetts upheld the payments.

“CMS is seeking a quick resolution to the legal issues raised and will inform stakeholders of any update to the status of collections or payments at an appropriate future date,” the agency said in a statement.


Most Recent Related Stories...

Kellogg's Honey Smacks linked to salmonella outbreak in 33 states, CDC says

Honeysmacks cereal linked to salmonella outbreak The Centers for Disease Control and Prevention warned cereal-loving customers Thursday, linking a popular Kellogg's treat...

Kentucky GOP cuts dental, vision for nearly 500,000 people

Matt Bevin Gov. Matt Bevin's administration is cutting dental and vision coverage for nearly a half-million Kentuckians after...

US turned to threats to fight breastfeeding resolution

Breastfeeding encouraged in UN resolutionThe United States turned to threats at the World Health Assembly in an effort to quash a...

Iowa law forcing women to wait 72 hours before abortion ruled illegal

Iowa law forcing women to wait is unconstitutionalThe Iowa supreme court on Friday blocked a law requiring a 72-hour waiting period before a...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!