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.
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