Insurance companies on the hook for record risk-adjustment payment.

The article reports on a record amount to be paid by marketplace health insurance companies in the U.S. in 2023 through an Affordable Care Act program aimed at preventing carriers from targeting healthier policyholders for enrollment. Topics include a risk-adjustment program launched by the Centers for Medicare and Medicaid Services to discourage insurance companies from cherry-picking policyholders and stop premium increases, and an increase in the companies' risk-adjustment payments in 2022.