May 22: The ACA's day in courtOne key to insurers selling plans in the marketplace are reimbursements they receive called cost-sharing reductions. These aren't the same as the tax credits that people receive to help pay their premiums; it is financial assistance to help low-income people pay their out-of-pocket costs, such as deductibles. The Congressional Budget Office projected those payments would add up to $7 billion this year and $10 billion in 2018.But for insurers, there's a question over how long that money will be delivered, due to an ongoing political and legal dispute about whether the cost-sharing money should be distributed at all.In 2014, House Republicans sued the Obama administration over the constitutionality of the cost-sharing reduction payments, which had not been appropriated by Congress. The lawmakers won the lawsuit, and the Obama administration appealed it. Late last year, with a new administration on the other end of the suit, the House sought to pause the proceedings — with a deadline for a status update in late May.
Wednesday, March 29, 2017
GOP vs GOP, in court
A rare moment in hilarity is upon us. The court must deide if Trump can legally cover the losses of Obamacare insurers. Paul Ryan thinks Trump should not, and has a suit in court to defy any attempt. Who will back down? A moment of GOP hilarity, a rubber necker's delight.
Posted by Matt Young at 2:11 PM