Most Insurers Keeping Expectations Low On Risk Corridor Payments, BCBSA Official Says

A top official at one of America’s leading insurers said the industry doesn’t expect to see much of a refund from HHS as far as risk corridor payments for 2014 or 2015, a blow that may not faze large companies but could cripple small insurers nationwide. The official's comments buoy a recent Standard & Poor’s report that suggested many large issuers are not recording receivables related to risk corridors -- likely due to doubts that the funding will materialize. “Frankly,...