Republicans included a provision in the $1.1 trillion omnibus that would restrict the Centers for Medicare and Medicaid Services' access to taxpayer dollars for the risk corridor program
How the Spending Deal’s Risk Corridor Provision Would Affect Obamacare Co-Ops
A provision of the omnibus spending bill prohibiting taxpayer dollars from being used to “bail out” insurers under Obamacare’s risk corridor program could jeopardize the future of the co-ops created under the health care law.
Republicans included language restricting the use of taxpayer dollars for Obamacare’s risk corridor program, which they call a taxpayer-backed insurer bailout, in the $1.1-trillion omnibus spending bill released early Wednesday morning.
The language mirrors that included in last year’s government spending bill, which prohibits the Centers for Medicare and Medicaid Services from using taxpayer dollars to make up any difference between what insurers incurring losses request and what is put into the program by those that are profitable.
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