Federal authorities on Wednesday unsealed charges against five people, including a government employee and a political consultant, saying they illegally trading confidential information gleaned from the Centers for Medicare and Medicaid Services, where the political consultant used to work.

The feds alleged that CMS employee Christopher Worrall gave his former colleague-turned-consultant David Blaszczak top-secret information about the federal agency’s changes to Medicare and Medicaid, which it administers as a unit of the US Department of Health and Human Services.

As the assistant to the director of the Center for Medicare, Worrall had “broad access to CMS’s confidential deliberations about upcoming reimbursement decisions,” prosecutors said.

Blaszczak, who also worked at CMS before opening a consulting agency, then passed the information he gleaned from Worrall to hedge fund employees, including of Deerfield Capital Management employees Jordan Fogel, Theodore Huber and Robert Olan, the feds said.

Deerfield, which focuses on health care investments, reaped more than $3.5 million on “market-moving CMS announcements” it got from Blaszczak, the feds said.

“Huber did absolutely nothing wrong,” said his lawyer Barry Berke. Olan’s lawyer, Gene Ingoglia, also declined the charges.

Blaszczak’s lawyer didn’t return a request for comment. Worrall’s lawyer declined to comment. A spokesman for Deerfield said the $7 billion firm is cooperating with the government’s probe.

In one instance, Worrall told Blaszczak about CMS’s plan to propose cuts to certain cancer treatments two months before the information became public, prosecutors said.

After Blaszczak passed the tip to Deerfield, the hedge fund earned $1.85 million in illegal trading profits, the feds said.

In return, the hedge fund paid Blaszczak’s firm $47,500, including a $29,000 bonus, prosectors said.

Blaszczak, 41, was charged in 18 counts, including conspiracy to defraud the United States. He faces as much as 225 years in prison on all counts.

Huber, 55, and Olan, 46, were charged with six counts including conspiracy to defraud the United States. They each face 105 years in prison.

Worrall, 39, was charged with 16 counts and faces up to 210 years in prison.

Fogel, 33, of Sands Point, NY, already pleaded guilty and is cooperating with the feds.