Academy: Affordable Care Act Risk-Corridor Program Is Two-Sided, Limiting Both Gains and Losses

WASHINGTON – The Affordable Care Act’s (ACA) risk-corridor program cuts both ways for all concerned — taxpayers, purchasers of health insurance, and insurers — the American Academy of Actuaries explained in congressional testimony submitted on Feb. 4. Under the program, insurers would receive a payment if their losses exceeded a certain threshold, but they would have to make a payment if their gains exceeded a specified threshold.