Risk Corridors of Failure

Comment: Darn those Grubers are smart, aren’t they?   After telling insurance comrades “I’ll gladly pay you Tuesday for a subsidized socialized medicine hamburger today,” suddenly it’s almost Tuesday.  (Pro-tip: did you notice this news came out on a Tuesday?)

“An important tool meant to limit the financial risk of Obamacare insurers is expected to be grossly underfunded and “may make the U.S. insurance market less stable, not more,” a new analysis warns.”

“The amount of money that profitable insurers expect to pay into the program was less than an estimated 10 percent what is expected to be paid out to unprofitable insurers, the Standard & Poor’s Ratings Services report found.”

Obamacare’s ‘risk’ program may shake up insurance prices
Dan Mangan, Tuesday, 5 May 2015

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