Anthem Blue Cross Plans Sue for $100 Million in Obamacare Money

Anthem Blue Cross health plans sold on Affordable Care Act exchanges in California, Colorado, Nevada, Georgia, Kentucky, Connecticut, Indiana, Missouri, New York, Ohio, and Wisconsin are suing the U.S. to recover over $100 million in unpaid Obamacare program funds.

The plans agreed to sell plans on the exchanges based on the government’s promise in the ACA to reimburse them for the losses they expected to incur by covering people previously deemed to be too sick to qualify for coverage, they told the U.S. Court of Federal Claims.

But the government reneged on its promise, paying the plans only a fraction ...