Official Hints at Settlement Talks With Obamacare Insurers

Official Hints at Settlement Talks With Obamacare Insurers
AP Photo/ Evan Vucci, File

A top Obama administration health official indicated Wednesday that there are discussions underway about a possible settlement with insurance companies over ObamaCare payments.

The possibility of settlements has drawn alarm from Republican lawmakers, who warn that the administration is seeking to get around limitations set by Congress. Several insurers have sued the administration for funds they are owed under an ObamaCare program called risk corridors, which is meant to protect insurers from heavy losses in the early years of the health law. A shortfall in funds has limited payouts.

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