Senate GOPs Worry Insurance Exchanges Can't Be Sustained

Law360, New York (July 11, 2013, 1:41 PM ET) -- The Obama administration must explain how state health exchanges mandated by the Affordable Care Act will pay for themselves from 2015 on, as the law requires, GOP lawmakers from the Senate Finance Committee said Wednesday.

The U.S. Department of Health and Human Services has said that the long-term costs of the exchanges would be covered by fees from insurance companies participating in the exchanges. But such fees would only be passed on to consumers in the form of higher premiums, Republican lawmakers, including Sen. Orrin Hatch,...
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