Citibank Research: 84 of 85 ObamaCare Insurers Expect to Recieve “Bailout” Funds

From NCPA:

“Health insurers had clearly been counting on a taxpayer assist. Communications between insurers and the White House revealed that at least one insurer complained to the White House that getting rid of the “bailout” would make premiums jump 20 percent or more. In an October research note, Carl McDonald of Citibank noted that only one of the 85 issuers that he analyzed had budgeted an amount payable to the risk corridors. Eighty-four expected to receive money. Obviously, the health plans were not expecting that the program would be budget neutral as the administration had indicated.”

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