Insurers Blast Spending Bill Language Aimed At Blocking Risk Corridors

Insurers are upset that the $1.1 trillion federal spending bill released late Tuesday (Dec. 9) includes language that bars CMS from using program management appropriations for the health law's risk corridors program, which is designed to protect insurers from inaccurate rate setting during the initial years of ACA implementation. Republicans had previously indicated that they would address what they've called a "taxpayer bailout" of insurance companies, but prior to release of the spending bill sources had been unclear if the...