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Moda Health Plan, which was owed $88.4 million under the federal government’s “risk corridors” program last year, will receive $2.9 million, according to information released Friday from the U.S. Department of Health & Human Services.
Because collections into the Affordable Care Act program came up short of obligations for a second year in a row, the funds will go toward what the government still owes for 2014.
The risk corridors program was supposed to provide additional protection against…