In a separate statement, the CMS said it was "disappointed" by the court's ruling, adding that "billions of dollars in risk adjustment payments and collections are now on hold". To do that, the government collects money from health insurers with enrollees who were healthier and as a result "cost less to insure". In a statement America's Health Insurance Plans, the trade association for health insurance companies, said they are "very discouraged by the new market disruption brought about by the decision to freeze risk adjustment payments". The Trump administration is making it easier for Americans to sign up for these policies, which many experts say will weaken Obamacare by siphoning off younger and healthier enrollees.
"It has caused insurer collapses and market exits that reduced competition".
In the meantime, some health insurers are potentially out billions of dollars. But a month later a federal judge in New Mexico said it was. The Trump administration claims it is obligated to suspend these payments because of a court ruling out of New Mexico questioning their legality, but there is reason to be skeptical.
The Trump administration has made no secret of its hostility to the healthcare program, enacted in 2010. "That will increase competition, and competition will help keep prices down".
"Without a quick resolution to this matter, this action will significantly increase 2019 premiums for millions of individuals and small-business owners and could result in far fewer health plan choices", Scott Serota, president and CEO of The Blue Cross Blue Shield Association, said in a statement.
What McConnell reportedly said about Trump's potential Supreme Court nominees
Joe Donnelly, D-Ind., Heidi Heitkamp, D-N.D., and Joe Manchin, D-W.Va. - were also invited to the event but will not be attending. Once Trump names his nominee, all eyes will shift to a handful of moderate Democratic and Republican senators.
ANP leader Haroon Bilour among 12 killed in Peshawar blast, police say
Chief Election Commissioner (CEC) Sardar Muhammad Raza strongly condemned attack on ANP leader Haroon Bilour. Confirming Haroon Bilour's martyrdom, the spokesman said that Haroon's son, Danial Bilour, was safe.
US may list tariffs on $200 billion more Chinese products
The first round of tariffs covered Chinese products ranging from farming plows to machine tools and communications satellites. The International Monetary Fund has warned that a full-blown trade war could undermine the broadest global upswing in years.
The Trump administration has suspended more than $10 billion in Obamacare payments to insurance companies that lost money on state insurance exchanges.
The president last fall also issued an executive order to try to make it easier for individuals and small businesses to buy health plans that cost less than ACA coverage because they cover fewer medical services and bypass the law's rules meant to protect people from old insurance practices in which companies had charged higher prices to women, older people, and those with preexisting medical conditions. "And costs for taxpayers will rise as the federal government spends more on premium subsidies", the group said.
CMS plans to appeal the court's ruling, as the U.S. District Court for the District of MA ruled to uphold the payments. Citing conflicting federal court decisions on the program, the CMS said it can not collect or disburse funds under the risk-adjustment program. Following the decision, CMS asked the court to reconsider its ruling.