Insurers press Trump for payments

Insurers told Seema Verma, administrator for the Centers for Medicare and Medicaid Services, during a meeting Tuesday that the most pressing issue for their business was whether the federal government would continue to pay subsidies that help insurers reduce out-of-pocket costs for lower-income enrollees.

While insurance company representatives said they discussed a variety of offerings through Medicaid, Medicare and employer plans, they have pressed the Trump administration to continue to distribute the funds, called cost-sharing reduction subsidies, which are at the center of a House lawsuit that was brought against the Obama administration.

Without the funds, which are expected to total $7 billion in 2017, insurers would look to exit the Obamacare-created exchanges as soon as they are able and would raise premiums.

Insurers did not disclose whether the administration gave them any reassurance on the matter.

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One Response to “Insurers press Trump for payments”

  1. Marilynn Reeves Reply

    I say Community Health Care Clinics are the answer where all local Dr’s take a day to serve and get a tax write off for it. Worked well for years in Wichita Falls,Tx.

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