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Payments halted under Obamacare program

  • The Trump administration is suspending a program that pays insurers to stabilize health insurance markets under Obamacare, saying that a recent federal court ruling prevents the money from being disbursed.
  • Based on their 2017 business, the payments amount to $10.4B. With 20M Americans receiving health insurance through the Affordable Care Act, the latest freeze could increase uncertainty and drive up premiums this fall.
  • Related tickers: UNH, AET, ANTM, CI, HUM, WCG, CNC, MOH, GTS, HQY, QHC, HCA, THC, UHS, LPNT, CYH, HCP, SEM

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UnitedHealth Group Incorporated