Federal judge upholds order to end cost-sharing reduction subsidies

OCT 25, 2017 | BY JOEL ROSENBLATT, ANDREW HARRIS

A federal judge rejected a bid by Democratic state officials to temporarily block the White House from ending so-called cost-sharing reduction payments to health insurers under the Affordable Care Act.

A coalition of 19 Democratic attorneys general, led by California’s Xavier Becerra and New York’s Eric Schneiderman, sought to force the federal government to continue to make the payments that help insurance companies lower out-of-pocket costs for poorer policyholders.


Read more click here.