S&P Warns Of Risk Corridor Funding Gap, Says Program Tweaks May Be Needed

Standard & Poor Analysts said Friday (May 1) that CMS may be forced to adjust the Affordable Care Act's temporary risk corridor program if it wants to maintain budget neutrality, the statements coming after a review of industry filings found a significant funding gap for 2014 claims. The rating service's review of 2014 industry filings indicates the program will likely collect less than 10 percent of what industry is expecting to be reimbursed, but S&P analysts also note that many...