June 14, 2019 / 11:42 PM / 3 months ago

IBM settles claims over Maryland health exchange for $14.8 million

IBM Corp will pay $14.8 million to resolve claims that a software company it owns made misrepresentations to win a contract to develop the website and platform for the state of Maryland’s health insurance exchange set up under Obamacare.

The U.S. Justice Department announced the settlement on Friday, which followed a troubled rollout for Maryland’s online marketplace for people without insurance to buy coverage. It crashed on the first day of open enrollment in 2013.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2WHfdXW

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