Administration tries to nudge down Obamacare costs

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As more insurers around the country propose steep Obamacare rate increases, the Obama administration says it is working to tamp down costs in a number of different ways.

In an effort to attract healthier customers to the insurance marketplaces created under President Obama's healthcare law, the Department of Health and Human Services said it's trying to curb abuse of short-term insurance plans, improve the risk adjustment program and help consumers over 65 transition to Medicare.

The agency said it also is fully implementing safeguards to ensure people don't enroll off-season simply because they're sick and to cut down on data mismatching problems when people sign up.

Together, the actions will "strengthen" the marketplaces' risk pools, HHS said Wednesday.

"Over the past several months, HHS has taken a series of actions to strengthen the marketplace risk pool, limit upward pressure on rates, and ensure a strong marketplace for the long term," a fact sheet released by the agency said.
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