Insurance regulators want Obamacare reinsurance funds

Published



A majority of insurance regulators at a Senate hearing wanted Congress to prop up Obamacare insurers with more funding to cover their sickest claims.

The regulators testified at a hearing of the Senate Health, Education, Labor, and Pensions Committee on Wednesday on how to stabilize the individual market. A majority of the five state insurance commissioners at the hearing wanted Congress to provide a reinsurance fund for Obamacare insurers.

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