United States Tells Court ACA Risk Corridor Isn’t Open-Ended Liability

Mealey's (April 27, 2017, 1:38 PM EDT) -- WASHINGTON, D.C. — The Patient Protection and Affordable Care Act (ACA) risk corridors are not now and were never intended to be an unlimited source of funds for covering insurers’ losses, as the text and history of the law make clear, the United States told a federal appeals court on April 24 (Land of Lincoln Mutual Health Insurance Co. v. The United States of America, No. 17-1224, Fed. Cir.)....