Obamacare

With an eye on replacing the Affordable Care Act, the Trump administration took one particularly critical action in October 2017. It discontinued cost-sharing reduction subsidy payments to health insurers participating in the ACA marketplaces. But the response to those cuts was likely not what President Trump expected. State insurance commissioners…

This article originally appeared on The Conversation. You can read it here.With an eye on replacing the Affordable Care Act, the Trump administration took one particularly critical action in October 2017. It discontinued cost-sharing reduction subsidy payments to health insurers participating in the ACA marketplaces.But the response to those cuts…

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"Q: Did Marco Kill Obamacare?" asked a 2015 tweet from the presidential campaign of Sen. Marco Rubio, R-Fla., before presumptively answering the question: "A: You bet he did."  Q: Did Marco Kill Obamacare? A: You bet he did.https://t.co/PTkpe0f95L via @LegInsurrection — Team Marco (@TeamMarco) November 24, 2015 OK, so who…

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…