Fierce Healthcare June 24, 2019
The Supreme Court has agreed to hear three cases filed by insurers against the federal government over more than $12 billion in Affordable Care Act (ACA) risk corridor payments.
The court granted (PDF) petitions for writ of certiorari in the three lawsuits on Monday, allowing Moda Health Plan, Maine Community Health Options and Land of Lincoln Mutual Health the opportunity to appeal a federal appeals court ruling that rejected their request for the payments.
The three lawsuits will be consolidated before the Supreme Court, according to Monday’s order.
The risk corridors were established by the ACA to protect payers from incurring massive gains or losses when establishing health plans on the law’s insurance exchanges. The program would...
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