Trump Freezes the Payment of the Obamacare Health Insurance Program
Trump Freezes the Payment of the Obamacare Health Insurance Program: The United States government under President Donald Trump temporarily suspended all types of health insurance payments under the auspices of Obamacare. This step was carried out following a court ruling that ordered the termination of the distribution of health funds.
 |
| Trump Freezes the Payment of the Obamacare Health Insurance Program |
The Centers for Medicare and Medicaid Services, the agency that runs the Obamacare program under the legal umbrella of the Affordable Care Act (ACA), said Trump's move would have an impact on payments worth US $ 10.4 billion. As many as 20 million Americans are covered in the national health insurance program.
This step was carried out by the Trump administration following the decision of the US District Court in New Mexico which stated that the government used a formula that was not accurate in allocating payments.
"We are disappointed with the court's decision. As a result of litigation, billions of dollars worth of payments have been held back," said CMS Administrator Seema Verma. He said, the CMS had asked the court to consider its decision and provide a resolution to prevent greater impact on individual and small worker insurance holders
Insurance companies also considered that US President Donald Trump had intervened in a well-functioning health system. He estimates that the Trump administration will raise this health insurance premium next year.
"Trump's move can raise insurance premiums for millions of individuals and small business owners in 2019, as well as the choice of fewer health benefits. This will reduce Americans to get affordable health," wrote the Blue Cross Blue Shield Association, which consists of insurance companies under the ACA.