Federal Court Says HHS May Owe Failed Co-Op $20M Netted From Debts Owed

HHS is on the hook to pay potentially $24 million or so it allegedly netted from debts owed by Colorado’s failed ACA co-op since the department has no authority to override the state’s law governing liquidation priorities, the Federal Court of Claims ruled last week. Since the parties provided conflicting information on the damages, the court asked them to work out a final amount and report back on Oct. 18 so the court could reach a final judgment. Colorado Insurance...