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Families USA Says Cruz Amendment Will Lead To Death Spiral

July 17, 2017
Consumers advocates Families USA released an analysis of Sen. Ted Cruz's (R-TX) amendment to the Better Care Reconciliation Act stressing that, as the advocates expected, encouraging issuers to sell both Affordable Care Act compliant and non-compliant products will result in a death spiral largely because the single risk pool requirement would remain in effect. The amendment provides $70 billion that would flow to health plans to mitigate adverse selection, but that funding is no substitute for a functional insurance market,...

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