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Revealed: How a taxpayer bail out that could run into BILLIONS was built in to Obamacare to protect insurance companies if they lost out in reform

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  The Affordable Care Act included a way for insurance companies to recoup their losses from covering everyone regardless of their health If insurers lose money, the government’s funds – taxpayer dollars – cover between 50 and 80 percent of the losses for three years Premiums for 2015 are expected to skyrocket before the November elections, and Democrats hope the payments will keep prices down When the Obamacare law passed in 2010, it omitted the authority for the government to make these ‘risk corridors’ payments But in a bit fo regulatory sleight-of-hand last week, the More…

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