House Republicans are proposing a last-minute change to their health bill that would pay back insurers who cover sick, expensive patients, and that's essentially a less-generous version of a program under Obamacare.
The GOP proposal, called the Federal Invisible Risk Sharing Program, would give health insurers $15 billion over a decade to subsidize the care of high-cost patients, helping lower premiums for everyone.
"The cost is $15 billion and it is concentrated in the first three years until the states take over," said Representative Kevin Brady, a Texas Republican who leads the Ways and Means Committee. "Unlike high-risk pools where individuals are separated into their own pool, this amendment promotes risk sharing among insurers."
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