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The "risk corridors program" was created under the U.S. Affordable Care Act (ACA), or "Obamacare." To incentivize health insurers to participate in state health exchanges where potentially higher-risk individuals could buy standardized health insurance regardless of preexisting conditions, the ACA risk corridors program provided assurance that the U.S. government would repay insurers if their expenses exceeded a threshold; conversely, if an insurer's revenues exceeded that threshold, the insurer would pay a portion to the government.

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