Insurers Score Big Win In SCOTUS Risk Corridors Case

The government must pay insurers money owned under the Affordable Care Act’s risk corridor program, the Supreme Court ruled Monday (April 27) , which could lead to issuers getting about $12 billion. In an 8-1 decision written by Justice Sonia Sotomayor, the court rejected the Trump administration’s argument that by blocking funding through an appropriations rider Congress had essentially repealed the program and removed the government’s obligation to pay. The temporary risk corridor program required insurers who earned more than...