Dania Palanker, JoAnn Volk

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Freezing Risk-Adjustment Payments Will Cause More Instability in the Individual and Small-Group Insurance Markets

Last week, the Centers for Medicare and Medicaid Services (CMS) unexpectedly halted the risk-adjustment program that spreads the expenses of covering high-cost enrollees across insurers. Insurers and some states now predict higher rates and fewer choic…