Sounds Familiar
Bill Quick

HHS outlines policy changes to lift insurers | TheHill

Federal health officials dropped regulations late Friday outlining how they plan to help insurance companies stuck with unanticipated costs due to ObamaCare’s botched rollout.

In a 279-page document, the Department of Health and Human Services (HHS) detailed adjustments to the healthcare law’s “risk corridors” program, a means for shifting money from insurers who fare better under the new system to those who fare worse. 

Risk corridors have been decried by conservatives as a bailout that could leave taxpayers on the hook for billions of dollars. The administration said Friday that it will implement the program in a budget-neutral way.

Under the proposed rules, the administration would tweak the formula that determines how much money insurers pay and receive through the risk corridors.

“From each according to his ability, to each according to his needs.”  What did you expect from Obama?

Bill Quick

About Bill Quick

I am a small-l libertarian. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.

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