Highmark dues US over ACA

[BlueGin]

Shocking. The government ripped off someone. Say it ain't so...

Highmark Sues U.S. Over Affordable Care Act
Major insurer Highmark Inc. is suing the federal government, arguing it is owed money under the Affordable Care Act, a move that opens yet another front in the continuing legal battles over the 2010 health law.

Highmark, the insurance arm of Pittsburgh-based nonprofit Highmark Health, said in the suit that the U.S. failed to live up to obligations to pay the insurer nearly $223 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. The suit claims “violations of the mandatory risk-corridor payment obligations prescribed” in the health law.

The suit is likely to draw close attention because it comes from a company that continues to be a major player in the ACA health-insurance marketplaces in three states. Many other insurers also suffered major shortfalls in risk-corridor payments.

 

[Arianrhod]

Nothing like jumping to a conclusion the minute the suit is filed.

 

[Penelope]

Which is why we no longer need insurance companies, the go between guys . Look at the savings.

 

[BlueGin]

Which is why we no longer need insurance companies, the go between guys . Look at the savings.

The government needs them to pick up the tab because they are broke.

 

[Arianrhod]

Which is why we no longer need insurance companies, the go between guys . Look at the savings.

The government needs them to pick up the tab because they are broke.

So the Dow is part of some vast librul conspiracy? Fascinating.

 

[Sun Devil 92]

Which is why we no longer need insurance companies, the go between guys . Look at the savings.

You really don't need a butcher either.

Just raise your own cow and kill it, dress it, and store it......look at the savings.

The problem here is that we've got government and insurance looking like one in the same.