News Headlines Article

Kaiser, Centene and Molina must pay big risk-adjustment charges
Modern Healthcare

Kaiser Permanente, Centene Corp. and Molina Healthcare are among the health insurers that racked up massive charges under an Affordable Care Act program meant to steady the premiums in the individual insurance market and discourage insurers from cherry-picking healthy, less costly plan members.

According to Modern Healthcare’s analysis of data released by the CMS late last week, Kaiser Permanente, which is integrated with Kaiser Foundation Health Plan, must pay $891.7 million into the ACA risk-adjustment program for the individual market for 2018, which will be transferred to insurers who enrolled riskier patients.

Commands