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Lawmakers Close Obamacare ‘Risk Corridor’ Bailout Process

As part of the Consolidated Appropriations Act (CAA), the $1.1 trillion omnibus spending deal passed in December, provisions included in the Affordable Care Act (ACA) that transfer taxpayer money to health insurance companies were revised, reducing the opportunities for government agencies to subsidize insurance companies and offset financial losses caused by ACA’s costly reformation of the nation’s health care industry. These provisions, called “risk corridors,” were adopted to subsidize...

Attempts to Roll Back CON Laws Underway in Virginia

Consumer Power Report #488 Few Americans know the substantial and detrimental effects certificate of need (CON) laws have on the quality of health care in the 36 states that have chosen to enact them. These laws not only reduce access to quality care, they place a substantial degree of power to make important health care decisions in the hands of government bureaucrats, ignoring the professional opinions of highly educated doctors and other medical experts. Eight legislative reforms designed to...

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