Vermont officials worry health care changes will hurt system
RUTLAND, Vt. (AP) — Vermont health care officials say the Trump administration’s decision to freeze payments under an “Obamacare” program that protects insurers with sicker patients from financial losses will increase premium costs.
The Rutland Herald reports the Centers for Medicare and Medicaid Services said in a statement over the weekend they would freeze the payments because of a court ruling.
Under the “risk adjustment” program, payments from insurers with healthier customers are redistributed that money to companies with sicker enrollees. There are $10.4 billion in payments for 2017.
Vermont Association of Hospitals and Health Systems CEO Jeff Tieman says the changes may “threaten levels of health coverage” if premiums become unaffordable.
Democratic U.S. Rep. Peter Welch said in a statement President Donald Trump is “openly sabotaging” the Affordable Care Act.
Information from: Rutland Herald, http://www.rutlandherald.com/