CMS Gives Issuers Data On One-time Risk Corridor Adjustments

Nearly 40 states chose to continue offering plans that were noncompliant with the Affordable Care Act in 2014, in both the individual and small group markets, according to information CMS recently provided issuers on the one-time, state-based adjustment to the risk corridor calculations. The adjustments were designed to help mitigate expenses attributable to the administration's November 2013 decision that allowed states to let issuers continue offering non-ACA-compliant plans. The temporary risk corridor program aimed to promote adequate rate setting by...