DOJ, Parties Settling Risk Corridors Cases Post-SCOTUS

The Department of Justice has been entering into agreements to pay out potentially billions of dollars to insurers who have sued over the Affordable Care Act’s risk corridors program, in the wake of the Supreme Court’s April ruling that the government is statutorily obligated to make the payments. Three of the four separate suits that made up the consolidated SCOTUS case were settled as of last week, as have been dozens of others, and the parties expect to settle the...