After the Trump administration halted roughly $10 billion in risk adjustment payments designated for ACA insurers, CMS Administrator Seema Verma defended the decision, The Hill reported.
CMS is bound by a federal court decision to halt the payments, Verma stated.
“We really are in a tough spot,” Verma told reporters July 12. “I think that there’s been a lot of discussion about whether the Trump administration is making a decision. We’re not making a decision. The court has told us what to do here … at the end of the day, we have to abide by the court’s ruling.”
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Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."