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Archive for July 2nd, 2019

Paybacks for Health Insurance Corporations Under Affordable Care Act to be Decided by US Supreme Court

The U.S. Supreme Court has granted cert for three consolidated cases on the question of whether Congress must fulfill a statutory promise to pay insurers who lost money by participating in the Affordable Care Act’s insurance marketplaces.  The court accepted and consolidated three cases brought by insurers who say Congress must honor the statutory commitment to offset their losses.  The corporations claim they were paid 12 billion dollars less than owed by the US government.

The cases are Maine Community Health Options v. United States, Moda Health Plan v. United States and Land of Lincoln Mutual Health Insurance Co. v. United States.