Avalere Says CSR Loss Deals $1B Blow To Issuers; Dems Demand Docs From HHS, WH

By Amy Lotven / October 17, 2017 at 5:49 PM
The Trump administration's decision to stop cost-sharing reduction payments will result in a significant fourth-quarter financial blow to health insurance plans, with issuers in Florida, California, Texas, North Carolina and Virginia facing the largest hit, a new Avalere study finds . President Trump announced he would cut off the funding last Thursday, saying that a Department of Justice review of the payments concluded they were unconstitutional since they lacked a congressional appropriation. Meanwhile, key House and Senate Democrats are demanding...


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