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Originally posted by: DonDiego
And best of all, . . . if through some unfortunate, and given the above results apparently most unlikely, miscalculation an insurance company were to price its policy too low and lose money, . . . the government would bail them out.
It's a win-win.
Originally posted by: DonDiego
And best of all, . . . if through some unfortunate, and given the above results apparently most unlikely, miscalculation an insurance company were to price its policy too low and lose money, . . . the government would bail them out.
It's a win-win.
We've discussed this, that's not how it works at all.

The risk corridors are not funded by taxes. They are funded by insurance companies that priced their plans too high relative to the expenses they faced, and given to the insurance companies that priced their plans too low and had to pay out more than they expected. This program, which only lasts three years, is budget neutral.
But why be honest when there's a busy President to bash.

The risk corridors are not funded by taxes. They are funded by insurance companies that priced their plans too high relative to the expenses they faced, and given to the insurance companies that priced their plans too low and had to pay out more than they expected. This program, which only lasts three years, is budget neutral.
But why be honest when there's a busy President to bash.
