Trump Administration Announces Fix for Halted Obamacare Payments
- Payments, worth $10.4 billion for 2017, were halted by ruling
- Insurers warned of rising premiums if dispute continued
Photographer: Andrew Harrer/Bloomberg
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The Trump administration announced a regulatory maneuver to allow the resumption of billions of dollars in payments to health insurers under Obamacare, resolving an issue that threatened to undermine the health law and risked raising premiums.
The U.S. Centers for Medicare and Medicaid Services on Tuesday posted a rule designed to allow payments under the Affordable Care Act’s so-called risk-adjustment program to continue. The payments, worth $10.4 billion for 2017, had been halted by a judge’s ruling, and insurers have been pushing CMS for a quick fix.