Moda Health, the Oregon health insurer that has struggled in the era of the Affordable Care Act, finally got some good news Thursday.
The U.S. Court of Claims issued a strongly worded opinion that the federal government must pay Moda $214 million it had earlier reneged on. "The Court finds that the Government made a promise in the risk corridors program that it has yet to fulfill," wrote Judge Thomas Wheeler . "Today, the Court directs the Government to fulfill that promise. After all, to say to [Moda], 'The joke is on you. You shouldn't have trusted us,' is hardly worthy of our great government."
