Insurers, Feds Both Face Uncertainty In Risk Corridor Lawsuits

Insurers may be in for an unpleasant surprise if the U.S. Court of Federal Claims eventually rules in their favor in recently filed risk corridor lawsuits. Even if the court hands issuers a judgment saying they are owed millions of dollars by the federal government, an ACA-resistant Congress can still refuse to appropriate the money, notes University of Michigan law professor Nick Bagley. The Obama administration could also try to discredit the insurers' argument by saying they should wait and...