Breaking: The Supreme Court ruled the federal government is obligated to pay billions of dollars to health insurers that sold consumer policies on exchanges created by the Affordable Care Act
WASHINGTON—The Supreme Court on Monday ruled the federal government is obligated to pay billions of dollars to health insurers that sold consumer policies on exchanges created by the Affordable Care Act.
The court’s ruling clears insurers to seek billions under an ACA program in place during early implementation of the 2010 health law that sought to mitigate financial risks for insurers that sold policies on ACA insurance exchanges, in order to persuade them to set insurance premiums at prices consumers would accept.
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