Saturday, July 7, 2018

July 7, 2018

Trump administration halts billions in insurance payments under Obamacare

WASHINGTON (Reuters) - The Trump administration on Saturday halted billions of dollars in payments to health insurers under the Obamacare healthcare law, saying that a recent federal court ruling prevents the money from being disbursed.

The Centers for Medicare and Medicaid Services, which administers programs under the Affordable Care Act, said the action affects $10.4 billion in risk adjustment payments.

Reuters: Trump halts billions in Obamacare insurance payments

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