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vlyons

(10,252 posts)
4. "Risk Corridors" - How Republicans sabotaged the ACA
Wed Jun 28, 2017, 01:08 PM
Jun 2017

Republicans won't tell you is why it is that the insurers are running away from a plan that they had no small hand in creating. The answer is obvious - the plan was changed, to the detriment of the insurers ... by a Senator Marco Rubio from Florida, the state that likely consumes more health care per capita than any other.

In December of 2014, Rubio inserted the poison pill that would neuter the effectiveness of the risk corridor program into a must-pass budget reconciliation bill. Budget reconciliation is the same strategery that Paul Ryan has been hoping to use to get his Trump-Care initiative bulled through, as such legislation is filibuster-proof. Rubio’s amendment placed a hard limit on risk corridor payments, thus restoring the risk to insurers that the risk corridor policy was designed to mitigate. More than anything else, it was this single act that caused insurers to "flee the exchanges", especially in those states that did not expand Medicaid.


https://www.dailykos.com/story/2017/3/23/1646512/-Risk-Corridors-or-How-Marco-Rubio-Broke-Obamacare

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