Insurers scramble after Trump suspends billions in ObamaCare payments
Source: The Hill
The Trump administration's abrupt suspension of billions of dollars in payments to ObamaCare insurers has prompted new warnings of rising premiums as health companies scramble to adjust.
Insurers are pressing the administration to resolve the issue and resume the payments, arguing that premiums will rise for ObamaCare enrollees if funding is cut off.
Democrats, meanwhile, are seizing on the unexpected action by characterizing it as another example of the administration sabotaging ObamaCare, a key Democratic message heading into the November midterm elections.
The flurry of activity is the result of a surprise announcement Saturday by the administration that it had suspended $10.4 billion in funding that is supposed to be paid to insurers to help them provide coverage to particularly sick and costly enrollees.
Read more: http://thehill.com/policy/healthcare/396181-insurers-scramble-after-trump-suspends-billions-in-obamacare-payments
lordsummerisle
(4,651 posts)or am I just missing it...?
Xipe Totec
(43,888 posts)KY_EnviroGuy
(14,488 posts)That's the GOP way, we all know....go after the most vulnerable that have no voice with our media.......
NanceGreggs
(27,813 posts)... has sucked up all the oxygen in the media for days. This story will probably gain traction over the next few days.
BigmanPigman
(51,567 posts)I called all the senators and 150 congressmen over saving the ACA twice. Resistance works...the protests, the town Halls, sit ins, the calls and letters to everyone, etc. We have to do the exact same thing now as a country. The Dem midterm candidates can use this to defeat the GOP. Everyone wants the ACA now that the finally know it is the same thing as Obamacare (Fux Ruse did that). I don't think word about that issue has sunk in yet or maybe they are unaware of it due to Trump TV. We are resisting since it works...it saved a lot of the ACA by using the same methods to hound the Senators with calls, angry constituents, town halls, harassing them when they go out.
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IronLionZion
(45,380 posts)since every day there is something new dumped on us
Hortensis
(58,785 posts)With the midterm elections fast approaching, expect a major propaganda effort to convince voters they have to get Democrats out of office before they're ruined.
Grassy Knoll
(10,118 posts)...Can't Concede A Win To A Dem...No Matter What.
Hortensis
(58,785 posts)though. The people controlling the party were already far too conservative to accept it, and it was left to Democrats to make national healthcare a reality by building on it as something Americans across the spectrum could support.
It's not that the party is full of moderates who just can't concede a win to Democrats (though that last is certainly true ).
It's that the right-wing extremists controlling the GOP leadership are determined to destroy ALL big government programs. They tried very hard to keep the ACA from passing and have been working to destroy it ever since it did pass. This is just one of their latest swings of the ax.
AlexSFCA
(6,137 posts)progree
(10,893 posts)says the Department of Health and Human Services
Per CNN:
Per Jonathan Cohn in the Huffington Post:
The ACAs risk adjustment system has been the target of federal litigation because some insurers said it treated their plans unfairly. In one of those cases, a federal judge in New Mexico ruled that the system is flawed a decision, the administration says, that means the payments must stop for now.
But reacting to a lower court decision in that way is a highly unusual move, Nicholas Bagley, a University of Michigan law professor, told HuffPost on Saturday although he cautioned that he hadnt seen any actual filings, so he couldnt be sure exactly what the administration was thinking or doing.
Administrations dont typically concede so much, so soon in the face of district court decisions, Bagley said. Otherwise, a lone judge could throw an entire agencys work into disarray, he added.
... Risk adjustment doesnt always work that well in practice. A 2015 New England Journal of Medicine study found evidence that insurers were using benefit design to dissuade sicker people from choosing their plans, even with the ACAs risk adjustment program in place.
...
moondust
(19,961 posts)appalachiablue
(41,103 posts)Achilleaze
(15,543 posts)PatSeg
(47,282 posts)it is upstaged in the media by other stories. I've watched TV news programs where barely two stories are covered in an hour, as if there is nothing else going on. This is an important story, hopefully they will manage to fit it in with all the Supreme Court Justice nominee coverage.