Sunday, December 11, 2016

After Denouncing Obamacare 'Bailouts,' Will GOP Have To Bail Out Insurers?

Tierney Sneed · Thursday, December 08, 2016, 6:14 am
Additional reporting by Lauren Fox

Congressional Republicans didn’t want to help insurers when the health care market was transitioning into Obamacare. Now they’ll have to decide how much they’ll be willing to help insurers as they plan the country’s transition out of the Affordable Care Act, which GOP leaders say will be repealed as soon as they convene a new Congress.

With the GOP planning to repeal Obamacare with a two- or three-year delay so they can work on a replacement, a key question is what kind of life rafts they can throw to insurers, who will have no incentive to stay in the ACA individual exchanges carriers know are doomed. Among the proposals insurers are asking Congress to consider are the very programs that Republicans spent six years railing against as “taxpayer funded bailouts” and in some cases obstructing legislatively.

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