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House Energy and Commerce Committee Letter to HHS on Risk Corridors Program
Energy and Commerce Committee, U.S. House of Representatives
Sept. 21, 2016
"During the joint hearing, U.S. Rep. Morgan Griffith asked Mr. Slavitt if CMS takes the position that insurance plans are entitled to be made whole on risk corridors payments, even if there is no congressional appropriation to do so. Mr. Slavitt responded under oath: 'Yes, it is an obligation of the federal government.' ... Since Congress acted twice to protect taxpayer dollars by prohibiting the use of federal funds to make up for any shortfall in risk corridors payments, the Committee is concerned about the Administration's intent to use any federal funds to settle the suits brought by the insurance companies."
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