CMS Finalizes ACA Insurance Exchange Oversight Rule

Law360, Washington (October 24, 2013, 8:32 PM EDT) -- The Centers for Medicare and Medicaid Services on Thursday finalized its financial integrity and oversight standards for insurance exchanges, insurers operating on federally run exchanges and state risk adjustment and reinsurance programs under the Affordable Care Act, making a number of tweaks to its initial proposal.

The final rule finalizes provisions from a proposal laid out in June, which set out standards to protect against fraud and abuse in both the exchanges and state reinsurance and risk adjustment programs — paid into by enrollees and insurers and...
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