CMS Releases 2016 Risk Corridor Data, Still Paying 2014 Debt

CMS on Monday released issuer-level data on money owed to issuers and vice versa for the Affordable Care Act's risk-corridor program that ended in 2016, revealing that the agency is still working to pay issuers back from the program's massive shortfall. “Because 2015 benefit year collections were insufficient to pay 2014 benefit year payment balances in full, HHS will use 2016 benefit year risk corridors collections to make additional payments toward 2014 benefit year payment balances,” the agency says. The...