Sunday, March 16, 2014

HHS outlines policy changes to lift insurers | TheHill

HHS outlines policy changes to lift insurers | TheHill: "Federal health officials dropped regulations late Friday outlining how they plan to help insurance companies stuck with unanticipated costs due to ObamaCare's botched rollout.

In a 279-page document, the Department of Health and Human Services (HHS) detailed adjustments to the healthcare law's "risk corridors" program, a means for shifting money from insurers who fare better under the new system to those who fare worse.


Risk corridors have been decried by conservatives as a bailout that could leave taxpayers on the hook for billions of dollars. The administration said Friday that it will implement the program in a budget-neutral way.

Under the proposed rules, the administration would tweak the formula that determines how much money insurers pay and receive through the risk corridors. "



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