Health insurance providers are not entitled to billions of dollars in payments from the federal government covering losses that arose from their participation in the Affordable Care Act’s online marketplaces, the U.S. Justice Department told the U.S. Supreme Court on Wednesday.
The Justice Department is asking the Supreme Court to reject challenges from providers claiming the U.S. government is on the hook for more than $12.3 billion in so-called “risk corridor” payments. Any obligation to make those payments, the government told the justices in a new filing, was voided when Congress “expressly prohibited” the Health and Human Services Department from continuing to make payments using certain funds.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]