North Carolina Blue Cross and Blue Shield Sues U.S. Over Health-Care Payments
Image by Wellness Corporate Solutions
Blue Cross and Blue Shield of North Carolina sued the federal government, becoming the latest health insurer to claim it is owed money under the Affordable Care Act, according to a report in The Wall Street Journal.
“The suit, filed on Thursday in the U.S. Court of Federal Claims in Washington, D.C., says the U.S. failed to live up to obligation to pay the insurer more than $147 million owed under an ACA program known as “risk corridors,” which aimed to limit the financial risks borne by insurers entering the new health-law markets,” reports Anna Wilde Mathews.
The insurer’s suit claims the federal government violated the language of the health law, as well as a contractual obligation.
