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Monday, July 9th, 2018

Insurers predict ‘market disruption’ after Trump suspends Obamacare risk payments

Author:     Amanda Becker
Source:     Reuters
Publication Date:     JULY 8, 2018 / 9:53 AM
 Link: Insurers predict ‘market disruption’ after Trump suspends Obamacare risk payments
Stephan:   Why is it most developed nations have some kind of universal healthcare, pay far less than we do, far less for pharmaceuticals, and have much better health outcomes than we do in the United States. The answer is because we don't have a healthcare system, we have an illness profit system. Why is that do you think?

The federal government forms for applying for health coverage are seen at a rally held by supporters of the Affordable Care Act, widely referred to as “Obamacare”, outside the Jackson-Hinds Comprehensive Health Center in Jackson, Mississippi, U.S. on October 4, 2013.
Credit: Reuters/Jonathan Bachman

WASHINGTON. DC — Health insurers warn that a move by the Trump administration on Saturday to temporarily suspend a program that was set to pay out $10.4 billion to insurers for covering high-risk individuals last year could drive up premium costs and create marketplace uncertainty.

The Affordable Care Act’s (ACA) “risk adjustment” program is intended to incentivize health insurers to cover individuals with pre-existing and chronic conditions by collecting money from insurers with relatively healthy enrollees to offset the costs of other insurers with sicker enrollees.

President Donald Trump’s administration has used its regulatory powers to undermine the ACA on multiple fronts after the Republican-controlled Congress last year failed to repeal and replace the law. About 20 million Americans have received health insurance coverage through the program.
The Centers for […]

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1 Comment

  1. Rev. Dean on Monday, July 9, 2018 at 8:17 pm

    I have suffered from being kicked when I was down, literally, and this is the equivalent, and is a dreadful thing to do, especially from our government leaders, especially Trump the “would be king”, who cares nothing about killing the poor and disenfranchised and he loves to hurt people who have preexisting conditions. He should be excommunicated, and impeached, and thrown out of this country.