Posted in Affordable Care Act (ObamaCare), Bailouts, Economic Issues, Government Regulations, Government Spending, Influence peddling, Medical Costs, News From Washington, News From Washington, DC & Related Shenanigans, Policy Issues, Re-insurance fees, Risk Corridors, Rule of Law, Uncategorized

Bye, Bye “Bailout”: CROmnibus Takes a Small but Important Bite out of Obamacare | Health Policy Blog | NCPA.org

JRGrahamThe CROmnibus, with which the lame-duck Congress keeps the government open in 2015, takes small but important steps to repeal Obamacare. For the short term, the most important anti-Obamacare achievement is eliminating taxpayers’ liability for Obamacare’s risk corridors, often described as a “bailout,” to health insurers participating in Obamacare’s exchanges.

In June, I testified before the House Oversight and Investigations Committee about this insurance “bailout.” In that testimony, I advised Congress to define a limited liability to the program. So, budget neutrality is a better result for taxpayers than I had expected. Also, the CROmnibus prevents any other funds controlled by the Centers for Medicare and Medicaid Services from being used to fund risk-corridor payouts. This is a significant win for taxpayers.

via Bye, Bye “Bailout”: CROmnibus Takes a Small but Important Bite out of Obamacare | Health Policy Blog | NCPA.org.

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A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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