Trump Administration to Help Healthcare Insurers

Trump Administration to Help Healthcare Insurers

The Trump administration is taking steps to help healthcare insurers cover the cost of their sickest patients. This move, industry analysts say, is critical to keeping premiums affordable for ACA healthcare plans. This fix is a well-known insurance industry practice called reinsurance. Claims above a certain amount would be paid by the government, reducing insurers’ financial exposure and allowing them to set lower premiums. Two states — Alaska and Minnesota — that have seen double-digit increases…

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