Comment on Obamacare insurer to Congress: Fund our payments or as many as 700,000 lose insurance—immediately

Obamacare insurer to Congress: Fund our payments or as many as 700,000 lose insurance—immediately

Molina Healthcare, a major insurer in the Obamacare exchanges, has now issued a major threat of its own: if Congress doesn't fund the Affordable Care Act cost-sharing reduction subsidies, the company will leave the markets immediately. That would result in about 700,000 people losing their insurance now. Molina—a Medicaid-based insurer that has thrived in the exchanges—is threatening to throw people off of their health coverage this year and also refuse to participate next year.

 

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