Freeze of ACA Payments

WASHINGTON, DC – MARCH 22: U.S. President Donald Trump listens to Seema Verma, administrator of the Centers for Medicare and Medicaid Service, during a Women in Healthcare panel in the Roosevelt Room at the White House March 22, 2017 in Washington, DC. (Photo by Mark Wilson/Getty Images)

The US agency that administers obamacare is freezing payments to insurers.  These are payment which were implemented to compensation plans that have sicker patients.

The agency which has authority to issue payment for this risk adjustment is the Centers for Medicare & Medicaid Services (CMS).  The CMS stated last Saturday that the February action by the trial court in New Mexico prevents CMS from making further collections or payments under the risk adjustment program until the litigation is resolved.

This has the insurers up in arms.  The insurers are already stating that this action will surely increase premiums to all health insurance policy holders.

As if the premiums were not already unaffordable.  This action maybe the the straw that does away with the ACA.  The ACA since its inception has been a losing proposition.  You may recall that Pelosi told the senators that they would have to pass the law in order to read it.  It was unconscionable for law maker to agree and pass the law without know what was contained in the bill.

When it comes to the insurers, I sincerely hope they are not looking for any public sympathy as they were the architects behind the bill.

Author: outwalking
Life time student

Leave a Reply