Difference between revisions of "Risk corridor"

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Revision as of 04:42, December 10, 2015

The risk corridor in ObamaCare is a program whereby insurance companies receive payments to cover their losses, particularly on the ObamaCare health insurance exchanges. Supposedly insurance companies that enjoyed profits were supposed to transfer a portion to cover these losses, but in fact taxpayers are on the hook for $1 billion these losses for the plan year of 2014.