Another insurer, BCBS of North Carolina, files risk-corridor lawsuit
Submitted by Amanda Matthews on Tue, 10/04/2016 - 9:06pmThe number of health insurers suing the Obama administration over the Affordable Care Act's hampered risk-corridor program continues to grow.
Blue Cross and Blue Shield of North Carolina filed a lawsuit Thursday, arguing it is owed $129 million in unpaid risk-corridor payments for the 2014 calendar year. The not-for-profit health plan also demanded the federal government pay legal costs and interest, according to a copy of the lawsuit.