Health Insurance Rates to Skyrocket after Federal Court Ruling against Obamacare that Takes Money from the Healthy to Fund High-Cost Plans
The Trump administration is halting billions in payments to health insurance companies after a federal court in New Mexico ruled that the federal government was using an inaccurate formula for allocating payments from the risk adjustment program of Obamacare that takes funds from plans with lower-risk healthy enrollees and gives it to plans that cover people who need more care and are expected to have high medical costs. [...]
