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Insurers warn of rising premiums after Trump axes Obamacare payments again

Reuters  |  WASHINGTON/NEW YORK 

By Amanda Becker and Carl O'DonnellWASHINGTON/NEW YORK (Reuters) - Health insurers warned 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 ...

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First Published: Mon, July 09 2018. 10:46 IST
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