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Supreme Court rules insurers owed $12 billion in ACA funds
Modern Healthcare: The U.S. Supreme Court ruled Monday that health insurers are owed more than $12 billion in unpaid funds under a now-expired Affordable Care Act program.
The high court ruled 8-1 that the federal government has an obligation to pay insurers funds owed under the ACA temporary risk-corridor program. It reversed the judgments of the lower court and remanded the consolidated cases brought by four insurers for further proceedings. The Supreme Court lawsuit is known as Maine Community Health Options v. United States.
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