Obamacare

Insurance companies are entitled to recoup $12 billion from the federal government in unpaid Obamacare claims, the Supreme Court ruled Monday in an 8-1 vote. The companies were shielded under the "risk corridor" provision of the Affordable Care Act (ACA), which promised compensation for companies that incurred losses in the marketplaces…

The United States Supreme Court on Monday ruled in favour of health insurers seeking $12bn from the federal government under a programme set up by the Obamacare law aimed at encouraging them to offer medical coverage to previously uninsured Americans. The 8-1 ruling authored by liberal Justice Sonia Sotomayor paves…

WASHINGTON — The U.S. Supreme Court ruled on Monday that the federal government must pay a group of insurance companies that took a risk on selling coverage in Obamacare health exchanges and were promised that their losses would be covered.By an 8-1 vote, the court said when Congress passed the…

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Richard Wolf USA TODAYPublished 4:05 PM EDT Apr 27, 2020WASHINGTON – The Supreme Court ruled Monday that Congress cheated health insurance companies by reneging on a $12 billion promise made under the Affordable Care Act.The decision represents the high court's views on Congress' power of the purse: Lawmakers cannot promise funding in legislation and…

By Manojna Maddipatla and Caroline HumerNEW YORK (Reuters) - As Americans delay elective surgeries and avoid doctors and hospitals during the coronavirus pandemic, healthcare spending declines have more than offset the added costs of COVID-19 care, insurance executives and experts say, boosting U.S. health insurer profits.Those gains, however, could be…

Give a Buck is Mashable's deep dive into Universal Basic Income — an idea gaining currency in a time of pandemic and mass unemployment. Now more than ever, the future depends on whether we can pay the bills. In the darkest hour of the coronavirus pandemic, in the face of…

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This screen grab from the website HealthCare.gov shows the extended deadline for signing up for ... health care coverage for 2020. (Centers for Medicare and Medicaid Services via AP) ASSOCIATED PRESS Health insurers are looking at growing their individual business known as Obamacare as employers drop small group coverage amid…

The UnitedHealthcare website, the health benefits segment of UnitedHealth Group Inc., is displayed ... on an Apple Inc. iPhone in Washington, D.C., U.S., on Wednesday, April 11, 2018. Photographer: Andrew Harrer/Bloomberg © 2018 Bloomberg Finance LP UnitedHealth Group is looking at re-entering markets to sell individual coverage under the Affordable…