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North Carolina Blues, Moda Join Insurers Suing U.S. Over Risk Corridors

June 3, 2016 at 2:07 PM
Blue Cross and Blue Shield of North Carolina and Moda Health Plan of Oregon this week filed the third and fourth lawsuits against the U.S. government for falling short in its responsibility to fully pay insurers under the risk corridor program. The legal action is a sign that no matter the plan -- large, small, for-profit or nonprofit -- the insurance industry is deeply unhappy with the unexpected changes to a program that was supposed to help companies survive the...


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