Share

Videos

U.S. Government Plan Adjusts 2014 Risk Payments For Health Insurers

wochit news
|
November 26, 2013 AT 5:06 AM
The U.S. government has issued a proposal that would likely increase risk payments in 2014 to health insurers offering plans on the Obamacare exchanges after the companies complained a recent policy change allowing people to keep their insurance policies had changed the financial equation. The government proposed paying insurers 80 percent of claims greater than $45,000 in 2014. In addition, the government has proposed a state-specific adjustment for risk payments based on how many people in the state extend their current polices, Citibank analyst Carl McDonald explained in a research note.