The Obama administration is moving to offer increased payments to insurers that provide health insurance to higher-risk people, The Wall Street Journal reports.
Insurers have been critical about ObamaCare’s rocky roll out, and the administration conceded this week that their losses could be higher than expected following a decision to allow people to keep policies that otherwise would have been canceled.
The ObamaCare “fix” means fewer healthy people might sign up for insurance through the law’s new exchanges. Healthy participants are a critical component to the success of the exchanges because they offset the costs associated with consumers considered to carry a higher risk.
To remedy the problem, the administration indicated it is looking at various ways to increase payments to insurance companies that take on more risk, the Journal reports.
More from the Journal here.
Higher payments eyed for insurers under O-Care
By Benjamin Goad - 11/27/13 08:34 AM EST