Counterclaim Against Insolvent Insurer Partially Dismissed In Risk-Corridor Suit

Mealey's (August 23, 2022, 11:07 AM EDT) -- WASHINGTON, D.C — A federal judge on Aug. 19 denied in part and granted in part an insolvent insurer’s motion to dismiss the U.S. government’s counterclaim against it in a suit seeking a declaratory judgment that the government owes insurers millions of dollars under the Patient Protection and Affordable Care Act (ACA) risk-corridor program, finding that the court has jurisdiction over the counterclaims but that the government’s “claims for offset and interest fail as a matter of law.”...