Thursday, June 16, 2016

"These lawsuits [with insurers suing the federal government for large sums of money owed through Affordable Care Act risk-corridor provisions] ...

... are serious. The insurers don't need any more PR than the widespread and incredible underwriting losses they are suffering in the exchanges to justify their rate increases. The carriers feel they were assured the risk corridors would be paid for in full by the Obama Administration. But based upon what the law actually says that was always problematic. Then the Republicans added a provision in a budget bill that specifically precluded it."

— Robert Laszewski, president of Health Policy and Strategy Associates LLC, told AIS's Inside Health Insurance Exchanges.

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