Professor Mark Hall discusses Blue Cross lawsuit against federal government for Affordable Care Act payments
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News & Observer
June 3, 2016
The Obama Administration had planned to rely on other funds to pay insurers, but Republican leaders in Congress who oppose the ACA enacted a provision forbidding the use of other funds for risk corridors, claiming that the risk corridor program constitute a “bail out” of insurers, said Mark Hall, a health law professor at Wake Forest University in Winston-Salem.
The ACA’s three-year risk corridor program, which expires this year, is one of three financial aid mechanisms created by the ACA to compensate insurers who agreed to sell subsidized health insurance.