Republicans led by Sen. Marco Rubio of Florida and Rep. Tim Griffin of Arkansas have called for repealing what’s known as the risk corridors program, which has also been described as a bailout of the insurance industry.
Under the program, insurers have to estimate the amount of money they expect to pay out in medical claims each year along with their premium revenue and administrative costs.
Insurers who do significantly better than expected must pay HHS and those who do worse than expected receive money from HHS.
But it's remained an open question how much this could potentially cost."
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