Insurers Fire Back Over ObamaCare Changes

The health insurance industry is firing back at Republicans’ decision to cut government payments that could help plans struggling under the healthcare law.

America’s Health Insurance Plans (AHIP) blasted legislation changing ObamaCare’s “risk corridors” program and predicted that it would raise healthcare costs for families.

“American budgets are already strained by healthcare costs, and this change will lead to higher premiums for consumers and make it more difficult to achieve affordability,” said Clare Krusing, AHIP spokeswoman.

“Our focus should be on changes to the law that will lower costs — like repealing the health insurance tax — not those that drive premiums higher.”