GOP Pounces As House Adds Risk Corridors To HEROES Bill

House Republicans Friday (May 15) blasted Democrats for slipping into their sweeping COVID-19 response package new language that creates a federal backstop to prevent insurer losses, saying the move shows the Democrats are about “corporations first.” The legislation added during the Rules Committee markup would establish risk corridors programs in Medicare Advantage, the individual and small group market, and the large group markets, including self-insured employer plans. Under the one-sided risk program, insurers would be shielded from significant losses since...