Trump administration halts billions in insurance payments under Obamacare

[Miles Archer]

Trump administration halts billions in insurance payments under Obamacare

https://www.reuters.com/article/us-usa-healthcare-obamacare/trump-administration-halts-billions-in-insurance-payments-under-obamacare-idUSKBN1JY00W

WASHINGTON (Reuters) - 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.

President Donald Trump’s administration has used its regulatory powers to undermine Obamacare after the Republican-controlled Congress last year failed to repeal and replace the law. About 20 million Americans have received health insurance coverage through the program.

The payments are intended to help stabilize health insurance markets by compensating insurers that had sicker, more expensive enrollees in 2017. The government collects the money from health insurers with relatively healthy enrollees, who cost less to insure.

[Chickensoup]

1. Where are the democratic leadership ?

[Blue_true]

4. This is bullshit. Democrats are in the minority and Trump's action is an executive branch action.

We need to vote in large numbers in Novemver and stop the distracting bullshit of blaming democratic leaders for outcomes that they have ZERO capacity to affect. Why didn't you ask where is Susan Collins, she has far more capability for positive impact than democratic leaders?

[spanone]

2. Evil incarnate.

[dalton99a]

3. Murderous traitor