CMS To Provide Full Risk Corridor Payments Despite Program’s Funding Shortfall
On Thursday, CMS released a memo saying the agency intends to give insurers the full amount of payments the companies requested under the Affordable Care Act's risk corridors provision despite the program's funding shortfall. CMS noted in the memo that if insurers that participated in the exchanges were still owed money under the program next year, HHS "will explore other sources of funding for risk corridors payments, subject to the availability of appropriations."
- "CMS Determined To Make Full ACA Fallback Payments" (Herman, Modern Healthcare, 11/19).