Trump Admin Restarts Key ObamaCare Payments

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The Trump administration will resume a program that pays billions of dollars to health insurers, just weeks after sending insurers into a panic by abruptly suspending the payments.

The federal Centers for Medicare and Medicaid Services (CMS) late Tuesday said it has adopted an interim final rule that will allow the agency to provide $10.4 billion in “risk adjustment” funding to insurers to help them provide coverage to particularly sick and costly enrollees.

In a statement, CMS said that “taking immediate action to allow for the continued operation of the risk adjustment program is imperative to maintain stability and predictability in the individual and small group health insurance markets.”

Read more at The Hill.

{Matzav.com}

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