Trump administration cuts grants to help people get Obamacare
13 July, 2018, 22:57 | Author: Sherman Richardson
Health insurers warn 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 previous year could drive up premium costs and create marketplace uncertainty.
The slash in funding represents the latest efforts by the Trump Administration to undermine former President Barack Obama's cornerstone legislative achievement. Close to half get subsidized private coverage that would be affected by Saturday's Trump administration announcement. "It enables the country to move away from a market where plans compete to avoid covering or charge more to people with preexisting health conditions, to one where competition is based on quality, affordable care for everyone".
The federal Centers for Medicare and Medicaid Services will temporarily freeze payments for the so-called "risk-adjustment" program that takes money from insurers and redistributes it to companies with more expensive patients.
The agency once again defended the decrease by saying that navigators, which usually hail from non-profit and community organizations, are not effective. Back in February, a federal judge partially agreed with the insurer and barred the government from making further collections or payments using its current formula.
Citing two conflicting federal court cases on the use of statewide average premiums in its decision, CMS said it can not collect or redistribute funds for risk-adjusted payments. The government asked the court to reconsider its ruling.
The ambiguity involved in the conflicting New Mexico and MA rulings may mean the suspension of payments will indeed be temporary. Compare that to agents and brokers who enrolled 42 percent of customers at a cost of just $2.42 per enrollee.
China's trade surplus with USA swells in June
The ministry encouraged companies to increase import of soybean , soymeal, vehicles, aquatic products from other markets. The dispute has jolted global financial markets, raising worries a full-scale trade war could derail the world economy.
‘Do not eat this cereal’: CDC links Honey Smacks, salmonella
If you see Honey Smacks being sold at a store, you are asked to call the FDA consumer complaint coordinator in your area . This brings the total number of illnesses to 100 people since March, although the outbreak was not announced until June.
Nonetheless, the timing is problematic. "We're now in the midst of the 2019 rate-filing process and it's not clear how the risk-adjustment program will be operating", said Cori Uccello, senior health fellow at the American Academy of Actuaries. Initial reports of sky-high premium increases have been offset somewhat by more recent reports of moderate increases, according to data from Kaiser Family Foundation. "It is important to keep in mind that the original risk adjustment payments are budget-neutral such that for some insurers to win, other insurers have to lose".
"The program does not cost taxpayers any money and has worked effectively to help balance the cost of caring for those with significant health needs by ensuring that health plans are able to enroll all consumers, regardless of their health status", Serota said in a statement.
Whatever happens with the risk adjustment payments, it looks as if many exchange consumers will be left to figure out their options for 2019 on their own. Until now, the grants have been used only to help people choose and buy ACA health plans or to help steer people with low incomes toward Medicaid.
The Trump administration announced Tuesday it would could nationwide funding for navigators by 72 percent, from $36 million to $10 million.
Russian Federation said it would respond to the Greek expulsions by taking similar steps against Greek diplomats in Moscow. Prime Minister Zoran Zaev has staked his political future on the deal, threatening to resign if people vote against it.
It was the second longest Wimbledon match ever - and longest Wimbledon semi-final - as it lasted 6 hours and 35 minutes. Now, Anderson will face American John Isner , who will be making his Grand Slam semi-final debut on the Centre Court.
Johnson & Johnson claimed that their products were safe, and refuted allegations that the powder contained asbestos. The accusations of suppressing or ignoring tests didn't make sense, said Peter Bicks, the company's trial counsel.
The movie will be directed by Brian Percival , who previously directed the series' pilot. "Film production begins this summer". There has been talk of a " Downton " theatrical release for a while now, but as of Friday, the production is officially on.
This recent finding has left experts baffled because it measures nine foot long and that they do not know who or what lies inside. The grave was discovered when a team from the ministry was checking out the site for construction purposes.
Strzok, a seasoned counterintelligence agent, helped lead both investigations but has since been reassigned to human resources. He also said he had never contemplated leaking damaging information he knew about the Trump campaign. "No, he's not.
Today, though, a Tesla spokesperson confirmed to Electrek that it did, indeed, hit the 200,000 delivery point this month. Customers will still be eligible for the full $7,500 credit for vehicles delivered on or before December 31, 2018.
Ontario Premier Doug Ford leaves his office at Queen's Park after meeting with Mayor John Tory in Toronto on July 9, 2018. The prospect of beer in corner stores was made by Ford as one of his campaign promises.
Nets trade Jeremy Lin to the Hawks
Lin suffered a torn patellar tendon on opening night last season, forcing him to miss the entire 2017-18 campaign. Whitehead, 23, averaged 6.3 points and 1.6 rebounds in 16 games off the Brooklyn bench last season.
Childish Gambino and 'Atlanta' Nominated for Four 2018 Emmys
Other nominees in the category include Jason Bateman (" Ozark "), Ed Harris (" Westworld ") and Matthew Rhys (" The Americans "). In the comedy categories, hip-hop themed FX show " Atlanta " is up against Amazon's ( AMZN.O ) " The Marvelous Mrs.
Chelsea announce Antonio Conte departure
Napoli midfielder Jorginho has reportedly arrived in London to undergo his medical with Chelsea ahead of joining the club. Chelsea have fired manager Antonio Conte after a two-year tenure in which he won the English Premier League and FA Cup.