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Freezing Risk-Adjustment Payments Will Make Markets More Unstable

Earlier this month, the Centers for Medicare and Medicaid Services (CMS) halted the risk-adjustment program that spreads the expense of covering high-cost enrollees across health insurers in the individual and small-group markets. In a new post, Georgetown University's Dania Palanker and JoAnn Volk say the Trump administration's action could lead to higher premium rates and fewer plan choices in those markets.

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