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Failed CO-OP Sues Feds Over Risk Corridor Shortfall
FierceHealthPayer 
Feb. 29, 2016
"[CMS] announced last fall that it would be able to pay insurers only 12.6 percent of what they were owed through the risk corridor program, as payments into the program from insurers came up short.... The shortfall hits smaller insurers and CO-OPS especially hard, including Health Republic in Oregon, which took a $20 million hit ... [W]hile it has ceased operating, Health Republic wants to use its experience to help other insurers recoup what they're owed through the risk corridor program ... Thus, it is trying to make its complaint into a class-action suit."
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