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GOP calls Obamacare's insurance industry safety net pure politics
GOP calls Obamacare's insurance industry safety net pure politics

The Obama administration calls it an adjustment, Republicans call it a bailout and insurance companies call it the one thing that might keep them from raising rates and angering policyholders. The “it” in question is a quiet shift in a provision of the Affordable Care Act that makes billions of tax dollars available to insurers if they find themselves losing money on the healthcare law’s new insurance exchanges. The administration felt compelled to do this because of another, more public revision of the law that was made a few months ago. Remember when the President Obama famously promised that, despite the big changes in the healthcare system, anyone who liked their...

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