There is a list of actions the administration must decide whether to take to keep the marketplaces humming, most of them through regulatory actions at the Health and Human Services Department or through the Internal Revenue Service.
The actions center on three programs: cost-sharing
reductions, reinsurance and risk corridors. Cost-sharing refers to government
subsidies to low-income Americans to help them pay for insurance. Trump
threatened recently to let such subsidies lapse, but Democrats say they will
shut down the government as part of the spending negotiations next week if the
president follows through.
Incredibly I hadn't come across reinsurance and risk corridors before.
Reinsurance and risk corridors are two programs set up under
the ACA to redistribute funds from insurers with healthier enrollees to
insurers with sicker, more expensive customers.
New day, learn something new. I wonder if Trump knows anything about them. What am I saying?
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