AHIP, BCBSA Urge NM Court To Promptly Reconsider Risk Adjustument Ruling

Two key health insurance industry lobbies on Thursday urged a court in New Mexico to immediately reconsider its demand that CMS vacate the risk adjustment program, arguing the program's suspension could lead not only to higher premiums and potential market exits, but also could upend other related processes, such as the medical loss ratio calculations that are due at the end of the month. “CMS's unexpected decision to freeze all risk adjustment transfers nationwide has serious and time-sensitive ramifications for...