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The Trump administration has blocked billions of dollars in payments to medical insurers on Obamacare Saturday, arguing that a recent federal court ruling hampers the distribution of money, Reuters reported.
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The Centers for Medicare and Medicaid Services (CMS), which administers programs under the Affordable Care Act, announced that the measure affects payments of $ 10.4 billion .
The administration of President Donald Trump used his regulatory powers to undermine the Obamacare program after the Republican-controlled Congress failed last year to replace the health bill.
Approximately 20 million Americans are medically insured through the Obamacare program
Payments aim to stabilize the health insurance market by compensating insurers who have had more serious and costly illnesses by 2017.
The government collects money from health insurers with relatively healthier insureds the cost is lower.
CMS, which is subordinate to the US Department of Health and Human Services, announced that the measure is necessary following a decision taken in February by a federal court in New Mexico, which has found that the federal government was using an incorrect formula to allocate payments [19659004] "We were disappointed by the recent court decision, and as a result of this litigation, billions of trillions of dollars are now blocked," he said. Sema Verma, director of CMS, in a statement.
A federal court of Massachusetts upheld the formula for allocating funds in January
The CMS release states that the agency asked the New Mexico court to reconsider its decision and expressed the claim. 39; hope for a quick resolution of the problem
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