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Post #1078068

Author
CatBus
Parent topic
Politics 2: Electric Boogaloo
Link to post in topic
https://originaltrilogy.com/post/id/1078068/action/topic#1078068
Date created
22-May-2017, 2:31 PM

For those watching the CSR negligence fiasco unfold, the Trump administration just punted, and (I think) that means the CSR payment obligations will be met for 90 days. The problem? While the 90-day extension means they’ll be funded through the insurers’ rate filing deadline (June 21st), insurers like to look a little further into the future than 90 days when setting their rates for the whole year. And it would be very reasonable for them to assume the negligence will return in 90 days, and set their rates accordingly higher.

https://www.forbes.com/sites/brucejapsen/2017/05/22/blame-for-obamacares-next-rate-hike-shifts-to-trump-and-gop/#1be75bce47c9