- The U.S. Supreme Court on Monday agreed to decide whether the federal government must pay insurers $12 billion under an Obamacare programme aimed at encouraging them to cover previously uninsured people after the healthcare law was enacted in 2010.
Payments would have come through the law's so-called risk corridor programme that aimed to mitigate insurers' risks from 2014 to 2016 when they sold coverage to previously uninsured people who bought insurance on exchanges established under the Obamacare law. In December 2014, Congress passed an appropriations bill for the 2015 fiscal year that included a rider barring the U.S. Department of Health and Human Services from using general funds to pay the government's risk corridor obligations.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supreme Court to consider $12 billion lawsuit over Obamacare payments to health insurance companiesThe Supreme Court on Monday agreed to hear an appeal from health insurance companies who say the federal government owes them $12 billion from losses sustained under the Affordable Care Act. Insurance companies have become welfare queens. But wait... Aww poor insurance companies...I feel so sorry for you in your time of loss. But don't worry, keep on working 80+ hours a week and maybe you too can work your way out of this medical debt... Hahaha is their any more reason to eat wealthy people
Source: cnnbrk - 🏆 393. / 55 Read more »
Supreme Court agrees to hear Obamacare cases with billions of dollars at stakeThe Supreme Court agreed to hear a challenge from health insurers who argue the federal government owes them hefty Obamacare payments There they go again! Those private health insurers that everyone knows and loves. Enough is enough. We need MedicareForAll How is it possible that while something is STILL LAW, the president can just blatantly not follow it, yet there are virtually zero repercussions I speed 5mph and get a ticket I cant afford yet this piece of orange shit breaks the law repeatedly and it's fine. If anything the Insurance companies owe the people! A person spends more than $12k per annual weather they go to the dr or not... But they make you wait a year when they make a mistake on your file so to take your cash to line their own pockets! I say they need to be eliminated!
Source: politico - 🏆 381. / 59 Read more »
U.S. Supreme Court turns away challenge to Trump steel tariffsThe U.S. Supreme Court on Monday turned away a challenge to President Donald Trump&39;s tariffs on imported steel brought by an industry group that argued that a key part of the law under which he imposed the duties violates the U.S. Constitution. The justices declined to hear the American Institute Democrats can no longer get their way by using the Courts.
Source: YahooNews - 🏆 380. / 59 Read more »
Supreme Court Takes Case on ACA Risk-Sharing PaymentsThe Supreme Court agreed to consider whether the federal government is obligated to pay billions of dollars to health insurers who participated in Affordable Care Act exchanges that offered policies to consumers Good the federal government should not b in our business when it comes to your health Socialism, the gift that keeps on giving. How's that hopey changey thing working out for you? Like so many others, I had hoped for and supported change in our healthcare pricing system. ACA was a huge disappointment. Let's admit it was a bad plan and try something different instead of continuing to support it in order to justify our politics.
Source: WSJ - 🏆 98. / 63 Read more »
U.S. Soccer and USWNT players agree to mediation over pay disputeU.S. Soccer and the 28 women’s national team players who have sued the federation over pay equity and other workplace issues have agreed to mediation. Good. The women’s team is significantly better than the men’s team and makes a fraction of the pay. wild women on the loose!
Source: latimes - 🏆 11. / 82 Read more »