Trump Administration Freezes Payments Required By The Affordable Care Act
“The Trump administration said Saturday that it is temporarily halting billions of dollars of payments designed to help insurers meet the Affordable Care Act requirement that they provide coverage regardless of whether a person is healthy or sick. The administration said it was withholding $10.4 billion in the so-called ‘risk adjustment’ payments, citing a district court ruling from earlier this year in New Mexico. While the administration says it is required to stop payments because of the court decision, insurers say the move could result in higher premiums for millions of individuals and small businesses.”