Policy

Insurers May See Bigger Payments with Obamacare Fix

To offset unexpected costs

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Health insurance companies could see higher government payments because of President Obama's administrative move to address the criticism over canceled health plans.

White House spokesman Jay Carney suggested Friday that federal health officials would raise payments to insurance companies should the policy shift bring on unexpected costs.

"If the costs are higher, then [the Department of Health and Human Services] can mitigate those costs with insurers," Carney said at a briefing.