News Headlines Article

U.S. Recoups Funds From States That Faltered on Health Exchanges
The Wall Street Journal

The Obama administration on Tuesday said it has recouped more than $200 million in funding given to states that faltered in setting up their own health-insurance exchanges.

Government officials are seeking to collect more of the original grant funding, an effort that they said shows they are closely monitoring taxpayer dollars that state-run exchanges received under the Affordable Care Act.

CMS is working hard for the American health-care consumer and American taxpayer,” said Andy Slavitt, acting administrator of the Centers for Medicare and Medicaid Services, which implements the health-care law, at a hearing held by a House Energy and Commerce investigative subcommittee.