Healthcare DIVE July 20, 2018
Dive Brief:
- An interim final rule from CMS that could reinstate the suspended $10.4 billion in risk-adjusted payments to insurers is awaiting approval from the Office of Management and Budget.
- The payments were designed to stabilize the nascent Affordable Care Act market by redistributing money to insurers with higher-cost members. A Trump administration official told Bloomberg that the rule is being considered to resolve the legal dispute that caused CMS to freeze the payments.
- The decision to halt the payments during a period where payers are finalizing offerings for open enrollment in November put the insurance industry in a tizzy. Many warned that the decision to halt the payments would hike up premiums for 2019.