Insurers Breathe Sigh Of Relief For Another Month As Trump Makes Subsidy Payments For September
The companies are looking for a longer-term guarantee, but as of now the Trump administration has decided to make the call on a month-to-month basis.
The Wall Street Journal:
Trump Administration Makes ACA’s Health-Insurer Payments For September
Health insurers will receive this month’s payments from the Trump administration reimbursing them for reducing copayments and deductibles for millions of low-income customers, the White House said Tuesday, once more shelving a standoff with insurers over the contested funds. “The September payment will be made,” a White House spokesman said. (Radnofsky, 9/19)
Trump To Make ObamaCare Payments For September
The payments compensate insurers for lowering out-of-pocket costs for certain ObamaCare enrollees. However, the administration has been making the payments on a monthly basis. “We are weighing our options and still evaluating the issues,” a White House spokesman wrote in an email, referring to if the payments would continue beyond September. (Roubein, 9/19)