Trump Administration Wins Closely Watched Risk Corridor Case In Major Loss For Insurers

June 14, 2018
A federal appeals court on Thursday (June 14) agreed with the Trump administration that the federal government does not have to provide health insurers past-due risk corridor payments -- a decision which could set a precedent for dozens of related pending cases with over $12 billion at stake, and which could eventually be debated by the Supreme Court. Three conservative judges on the Court of Appeals for the Federal Circuit ruled 2-1, disagreeing with a lower court and rejecting arguments...

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