Trump administration takes another swipe at 'Obamacare'

Fargo North Dakota. President Trump held a campaign style

The Trump administration said on July 7 that it would temporarily suspend some payments to health insurers under the Affordable Care Act's (ACA) risk adjustment program, in light of a ruling earlier this year by a federal district court in New Mexico. The payments insurers expected this fall, based on their 2017 business, amounted to $10.4 billion. "The executive order the president signed, not long after he got to the White House after the [Inaugural] Parade was effectively, 'We're declaring war on the Affordable Care Act.'" Whitlock says, the goal has been to make the marketplace as inhospitable as possible for participating plans, and this is just one more step in that direction.

While imperfect, the risk adjustment program "has helped promote market stability over the past five years", Wehrle said.

"As a result of this litigation, billions of dollars in risk adjustment payments and collections are now on hold", she said. Insurers say the sudden halting of those payments creates uncertainty at a critical time, as they are now developing their premiums for 2019.

A federal court in MA upheld the same allocation formula in January.

Reuters' characterization of the move is that "President Donald Trump's administration has used its regulatory powers to undermine Obamacare after the Republican-controlled Congress a year ago failed to repeal and replace the law".

CMS administrator Seema Verma said in a statement the administration was "disappointed" in the February ruling and that CMS has asked the court to reconsider and "hopes for a prompt resolution that allows CMS to prevent more adverse impacts on Americans". Many agree-Democrats and Republicans-that a person with a pre-existing condition needs health insurance coverage and should not be denied on that fact.

Arsenal complete move for Sampdoria midfielder Lucas Torreira
He has been handed the number 11 shirt at Arsenal and Gunners head coach Emery has hailed the capture of the 22-year-old. Emery's first game in charge of Arsenal will be the pre-season game against Atletico Madrid on July 26.

Fernando Torres says joining Japan’s Sagan Tosu
Torres had been in negotiations with Sagan Tosu several weeks ago , though talks reportedly fell through. Fernando Torres' new club appears to be Japanese side Sagan Tosu after his arrival was leaked.

Belgium star Hazard: I used to support France growing up
The last time the two were involved in a Manchester derby, Pogba inspired a scintillating United comeback for a 3-2 victory. Deschamps will also be happy to see Blaise Matuidi back in contention after he missed the quarter-final due to suspension.

The main insurance trade associations in Washington have been organizing calls with their member companies and trying to coordinate a response.

Martin Hickey, the founder of New Mexico Health Connections, the state's health care co-op and the company that filed the lawsuit, believes the court ruling will reduce the prices and benefit consumers.

"I think insurers are going to be watching very closely what the administration says in court, and whether this is a sign of further steps to undermine the law, or a good faith effort to try to comply with the judge's order", he says. Overall, the momentum has been positive, with numerous major insurers following the broader market's upward momentum.

But supporters of the ACA criticized the CMS announcement as the latest move by the Trump administration to undermine Obamacare.

"It has caused insurer collapses and market exits that reduced competition".

Related news:

Hot News

isis-killer-beheading-video-story-top How to Watch France-Belgium World Cup Semi Final 2018
Jul 10, 2018 - 20:57
These links extend to their respective football teams , who meet on Tuesday evening to contest a place in the World Cup final. Apart from this one change, Martinez might opt to go in with the same team that cruised past Brazil. "I'm pleased for him".

isis-killer-beheading-video-story-top One dead, 20 injured in Wonderboom plane crash
Jul 10, 2018 - 20:56
Emer-G-Med Chief Operating Officer Jurgen Kotze said the four critically injured patients were still entrapped in the aircraft. Once treated, the patients will be transported, as well as airlifted by the ER24 medical helicopter, to nearby hospitals.

isis-killer-beheading-video-story-top EgyptAir flight MS804: French investigators says fire likely cause
Jul 10, 2018 - 20:26
The Egyptian public prosecutor's office, for its part, said it was in "total cooperation with the French investigators". Upon its determination the act was malicious, Egyptian officials handed the investigation over to judicial authorities.

isis-killer-beheading-video-story-top Teaneck community mourns 5 family members killed in crash
Jul 10, 2018 - 19:53
The driver of the pickup, a 44-year-old Maryland , was treated and released from the hospital with non-life-threatening injuries. The wife and mother , identified as 53-year-old Mary Rose, survived the crash and was taken to a hospital with serious injuries.

isis-killer-beheading-video-story-top Group beats 92-year-old man with brick and spews racist slurs
Jul 10, 2018 - 19:37
Rodriguez, who doesn't understand English, still has no idea why he was attacked, his grandson, Erik Mendoza, told KCBS . Mendoza later told news channel KTLA-TV that he couldn't believe anyone would do that to an elderly man.

isis-killer-beheading-video-story-top PSG offer €270m for Philippe Coutinho ‘in bid to keep Neymar happy’
Jul 10, 2018 - 19:12
Paris Saint-Germain are reportedly considering a world-record £240m bid for Barcelona midfielder Philippe Coutinho this summer. Boosting the club's coffers would be the most obvious reason for Barcelona to sell their new star man.

isis-killer-beheading-video-story-top Chelsea FC set to agree £53m deal for Argentina striker
Jul 10, 2018 - 19:11
Meanwhile, the Times report that Conte has sent a rather blunt email to the Chelsea players regarding our pre-season campaigns. He is very happy in the city, at the club, with the coach and the tactical system. "I owe him a great deal", Sarri said.

isis-killer-beheading-video-story-top YouTube to fight conspiracy theory videos by showing users Wikipedia links
Jul 10, 2018 - 18:59
These tests are being run in 25 markets across the USA and Google says that local news has gotten "strong engagement" so far. The "Top News" and "Breaking News" features have been launched in 17 countries, including in India.

isis-killer-beheading-video-story-top Projecting Final Matchup Before 1st Semi-Final Game
Jul 10, 2018 - 17:55
After 60 games we are down to just France , Belgium , England and Croatia remaining who can the win the 21st staging of the World Cup .

isis-killer-beheading-video-story-top George Clooney reportedly sustains minor injuries in scooter crash in Italy
Jul 10, 2018 - 17:40
Clooney collided with the Mercedes when it cut across his path at an intersection at around 8:15 a.m., Carabinieri Lt. La Nuova noted that the star complained of slight pain in his pelvis and bruises to a leg and an arm.

isis-killer-beheading-video-story-top England's squad all train ahead of World Cup semi-final against Croatia
Jul 10, 2018 - 17:27
A rubber chicken makes a surprise appearance at England's training session ahead of their first World Cup semi-final in 28 years. England have a clean bill of health for their World Cup semi-final against Croatia after all 23 players trained on Tuesday.

isis-killer-beheading-video-story-top Raptors have ‘generated buzz’ in Kawhi Leonard trade market
Jul 10, 2018 - 17:27
Leonard played in only nine games in 2017-18, scoring 16.2 points a night, well below his average of 25.5 in 2016-17. The team is in talks with San Antonio to acquire the two-time all-star via a trade.

isis-killer-beheading-video-story-top LA Lakers make LeBron James' arrival official
Jul 10, 2018 - 17:25
The photo showed the four-time MVP smiling alongside Klutch Sports' founder Rich Paul and Lakers GM Rob Pelinka. Rob Pelinka hailed the signing of LeBron James as a "historic moment" for the Los Angeles Lakers .

isis-killer-beheading-video-story-top West Ham confirm signing of Jack Wilshere on three year contract
Jul 10, 2018 - 17:19
Jack Wilshere has signed a three-year deal with West Ham United in one of the most high profile transfers of the summer so far. After returning from a broken foot, Wilshere proved his fitness for Arsenal last season, making 29 starts in all competitions.

Rights groups cautiously hail Liu Xia departure
Jul 10, 2018 - 17:07
A Reuters news report quoting the BBC said that Liu Xia took a Finnair flight that departed from Beijing at around 03:00 GMT. Chinese authorities repeatedly declined to discuss Liu Xia's confinement, which critics say was cruel and illegal.