Opinion: Congress might have to actually cough up for everything it promises to pay for. Imagine that (via latimesopinion)
” provision, which was designed to help insurers in the newly created state Obamacare exchanges adjust to a new set of customers and risks . Insurers that paid out more for medical claims than anticipated would draw money out of the risk-corridor program to cover their higher costs, and those that paid out less would pay into the program.
Enter Sen. Marco Rubio , who decided that insurers were seeking a “bailout” from federal taxpayers. He persuaded Congress toin 2015 and subsequent years, leading health insurers to sue the federal government for $12 billion in unpaid claims.
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