By David Morgan WASHINGTON (Reuters) - U.S. Senator Marco Rubio, a prominent Republican critic of President Barack Obama's healthcare law, unveiled legislation on Tuesday to make sure Obamacare would not add to the deficit by compensating insurance companies for possible losses. The 2010 healthcare law includes provisions to safeguard insurers against losses if they saw unexpectedly high enrollments of sick or older people, who are costlier to insure than young, healthy consumers. The Florida senator has labeled the provisions a "bailout" for insurance companies. Rubio's two-page bill, dubbed "the ObamaCare Taxpayer Bailout Protection Act," requires the administration to ensure that the law's risk provisions "reduce to zero the cost ... to the federal government." "The White House has said ... it will have to be budget neutral, that no money from taxpayers or general revenue will be spent in bailing out the exchanges.
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