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Health Insurers Warn of Market Turmoil as Trump Suspends Billions in Payments


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Everything he touches turns to shit and costs every American more.....

Health Insurers Warn of Market Turmoil as Trump Suspends Billions in Payments

Source: New York Times

The Trump administration said Saturday that it was suspending a program that pays billions of dollars to insurers to stabilize health insurance markets under the Affordable Care Act, a freeze that could increase uncertainty in the markets and drive up premiums this fall. 

Many insurers that enroll large numbers of unhealthy people depend on the “risk adjustment” payments, which are intended to reduce the incentives for insurers to seek out healthy consumers and shun those with chronic illnesses and other pre-existing conditions. 

“Any action to stop disbursements under the risk adjustment program will significantly increase 2019 premiums for millions of individuals and small-business owners, and could result in far fewer health plan choices,” said Justine G. Handelman, a senior vice president of the Blue Cross and Blue Shield Association. “It will undermine Americans’ access to affordable care, particularly for those who need medical care the most.” 

Trump administration officials said they decided to suspend payments under the program because of a ruling in February in Federal District Court in New Mexico. The judge tossed out the formula used to calculate payments, finding that it was flawed.

Read more: https://www.nytimes.com/2018/07/07/us/politics/trump-risk-adjustment-payments-obamacare.html 
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Already seeing public health systems running beyond capacity as private healthcare orgs encounter the uninsured. Emergency room admissions are up for minor stuff. Not sure if it’s a blip or a sign of things to come. One thing is certain, there is no health care solution that’s a priority by this administration 

Edited by spin_dry
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1 hour ago, f7ben said:

Now MC is carrying the water for the evil insurance companies :lol: fucking Trump has these dumbfucks heads exploding 

Trump has you in his pocket you brainwashed fuckin fool.

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19 hours ago, Mainecat said:

Trump has you in his pocket you brainwashed fuckin fool.

Man I don't know about that....fucking goon is like 6' 5" plus that schnozz....he isn't fitting in anybody's pocket. 

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  • Trying to pay the bills, lol

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