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Feds owe health insurers $12.3 billion in unpaid risk-corridor payments
Modern Healthcare: The federal government's risk-corridor tab keeps on climbing, despite more than three dozen insurer lawsuits demanding the feds pay up.
The Trump administration now owes health insurers $12.3 billion in risk-corridor payments to cover losses those health plans incurred on the insurance exchanges between 2014 and 2016, the latest CMS data show.
That figure includes roughly $3.95 billion in payments to cover insurers' losses in 2016 alone, according to a Modern Healthcare analysis of the CMS data. The agency also owes insurers $5.8 billion in risk-corridor payments for 2015. That's on top of the $2.5 billion shortfall for 2014 losses.
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