Obamacare fix could add millions of dollars in government costs
November 15th, 2013
07:49 PM ET
8 months ago

Obamacare fix could add millions of dollars in government costs

(CNN) - President Barack Obama's proposal to allow people to keep canceled health plans for one year could end up costing the government millions of dollars.

This is due to a provision of the Affordable Care Act called risk corridors that allows for insurers to share the cost of insuring more expensive customers.

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Filed under: Health care • Obamacare • President Obama
soundoff (4 Responses)
  1. Gurgyl

    Much better than syphoning in Iraq, Afghanistan etc. trillions of dollars. Ok.

    November 15, 2013 08:26 pm at 8:26 pm |
  2. Vence

    You can't fix something that never worked. It should be discarded.

    November 15, 2013 10:48 pm at 10:48 pm |
  3. Thomas

    The stock market hits record high .

    Maybe it's time for tax reform , upgrading the system . It might be time to rethink the Bush Tax cuts !

    Id suggest reforming the way the government procures contracts as well.

    November 15, 2013 11:42 pm at 11:42 pm |
  4. Tampa Tim

    Let us know when it gets up to $24 billion, which is what the republican shut down of government cost. Baggers can needlessly cost us billions, but are outraged when something that will actually help us us will cost more because they wanted to save worthless junk policies for the under insured.

    November 16, 2013 09:54 am at 9:54 am |