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42 U.S. Code § 18062

Establishment of risk corridors for plans in individual and small group markets

42 U.S. Code § 18062. Establishment of risk corridors for plans in individual and small group markets

(a) In general
The Secretary shall establish and administer a program of risk corridors for calendar years 2014, 2015, and 2016 under which a qualified health plan offered in the individual or small group market shall participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan’s aggregate premiums. Such program shall be based on the program for regional participating provider organizations under part D of title XVIII of the Social Security Act [42 U.S.C. 1395w–101 et seq.].
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