Funding bill targets O-Care insurer subsidies

The nearly $1.1-trillion spending bill released late Tuesday by House lawmakers targets government payments to health insurance companies under ObamaCare that critics have decried as an industry "bailout."

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The language, buried deep in the 1,603-page bill, is a victory for conservative opponents of the healthcare law. It would prevent new government funds from flowing to ObamaCare's so-called risk corridors, a three-year program established to subsidize insurer losses in order to keep premiums stable.

A commonly used tool in public policy, risk corridors have become a political football since Sen. Marco RubioMarco RubioThe ignored question: What does the future Republican Party look like? Graham to roll out extension of Obama immigration program Trump and Cuba: A murky future MORE (R-Fla.) highlighted the ObamaCare provision as a "bailout" in November of last year. Since then, activists with Heritage Action and other groups have repeatedly sought to kill the payments in major fiscal negotiations.

The "cromnibus" spending bill would allow the government to continue collecting payments from insurers that post better-than-expected results under ObamaCare and passing them to companies that do worse. But it would not permit the Centers for Medicare and Medicaid Services to make additional funds available for insurers that are struggling.

The inclusion of the language Wednesday widens the rift between health insurance companies and Republican lawmakers, once their steadfast allies. Risk corridors had been set to continue in 2015 and stop in 2016.