The Obamacare ‘Bailout’ Conservatives Don’t Want To Talk About
February 13, 2014

Via Moyers & Company:

In recent months, conservative opponents of the Affordable Care Act seized on an issue that they were sure was going to be a big winner for their cause: the “Obamacare bailout.” The Weekly Standard’s Jay Cost wrote that “conservative thought leaders have begun to sound the alarm” about a “bailout [that] could feasibly run into the tens of billions of dollars.”

The narrative was built on two relatively obscure provisions of Obamacare: “risk corridors” and “reinsurance.” The short version is that the law contained provisions which would protect insurers from losses in the early years of t...

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