Trump's latest move could push Obamacare premiums higher [CNN]
Anthem, Inc. (ANTM)
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Source: CNN
Trump's latest move could push Obamacare premiums higher (CNN) The Trump administration just halted a key set of payments to Obamacare insurers, but it's consumers who could wind up having to That's because the federal government won't distribute $10.4 billion it was expected to give insurers this fall under the Affordable Care Act's risk adjustment program . The administration said Saturday that it would temporarily suspend the payments because a federal judge earlier this year ruled the program's formula was flawed. Insurers rely on the funding, which serves as a backstop for those who wind up with a high share of costly enrollees. Under the risk adjustment program, insurers with healthier policyholders contribute money, which is then divvied up among carriers with sicker ones. It's the only remaining risk mitigation program in Obamacare. The other two, which were designed to last only three years, ended after 2016. The administration's latest effort to undermine the Affordabl
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