Difference between revisions of "Risk corridor"
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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. | 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. | ||
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Latest revision as of 18:34, July 13, 2016
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.