Supreme Court Rules Congress Owes Insurers $12 Billion in Risk-Corridor Payments
The Supreme Court issued a ruling Monday demanding Congress keep its promise to pay insurers $12 billion in unpaid ACA funds. The 8-1 decision means that Congress must provide the funds it had promised through the risk-corridor program in order to insure consumers on the exchanges who hadn’t been previously insured or had been “uninsurable.” On this week’s episode NAHU’s Marcy M. Buckner reviews the ruling and its implications.