August 5, 2017
LAWS MEAN THINGS:
Insurer wins $52 million in ACA payment lawsuit (Bob Herman, 8/05/17, Axios)
A federal judge ruled late Friday in favor of Molina Healthcare, declaring the health insurer is owed $52.4 million under the Affordable Care Act's risk corridor program, which was created to help insurance companies manage their unpredictable costs in the law's early years. Molina, which has been crushed by the ACA so far this year, filed suit in January after congressional Republicans blocked the payments, calling them a "bailout" for the industry.
Posted by Orrin Judd at August 5, 2017 8:57 AM