I tes­ti­fied on Oba­macare yes­ter­day before the House Over­sight and Gov­ern­ment Reform Committee.

I tes­ti­fied yes­ter­day before the House Over­sight and Gov­ern­ment Reform Com­mit­tee on a some­what tech­ni­cal pro­vi­sion of Oba­macare.  The pro­vi­sion estab­lish­es “risk cor­ri­dors,” which lim­it prof­its and loss­es of insur­ers that sell through the exchanges.  Plans that make “excess prof­its” must pay into the risk cor­ri­dor fund; those that suf­fer “excess loss­es” receive mon­ey from that fund.   Con­tin­ue read­ing →