JUST IN: Supreme Court rules insurance companies can collect $12 billion from the federal government to cover their losses in the early years of the Affordable Care Act.
The program only lasted three years, but Congress inserted a provision in the Health and Human Services Department’s spending bills from 2015 to 2017 to limit payments under the
“risk corridors” program. Both the Obama and Trump administrations had argued that the provision means the government has no obligation to pay.The case is separate from a challenge to the
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