Molina, Centene Stand to Benefit From Halt in Obamacare Payments
- Insurers could see jumps in cash and one-time earnings gains
- Large rivals Anthem, UnitedHealth set to be short-term losers
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The Trump administration’s decision to suspend some Obamacare payments could leave a few health insurers feeling flush -- for now.
On Saturday, the U.S. Centers for Medicare & Medicaid Services said that it would pause what are known as risk-adjustment payments insurers who sell health plans under the Affordable Care Act. The move is likely to further destabilize an already volatile market by depriving companies of compensation for extending coverage to riskier patients. The paused payments total roughly $10.4 billion.