Trade Group Claims D.C. Funding Exchange On Back Of Non-Exchange Insurers
Mealey's (June 12, 2015, 12:06 PM EDT) -- WASHINGTON, D.C. — To fund the “extraordinary” costs of its Patient Protection and Affordable Care Act (ACA) health insurance exchange, the District of Columbia assesses fees on insurers with no products in the exchange, a trade association alleges in a July 3, 2014, complaint (American Council of Life Insurers v. District of Columbia Health Benefits Exchange Authority, et al., No. 14-1138, D. D.C.).
(Complaint available. Document #93-140723-021C.)
In 2010, Congress enacted the ACA. Among other things, the ACA allowed for creation of health insurances exchanges in...