The U.S. Supreme Court agreed to decide whether the federal government must pay insurers $12 billion under an Obamacare program aimed at encouraging them to cover previously uninsured people after the healthcare law was enacted in 2010
- 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.
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