April 27, 2020 / 2:09 PM / a month ago

U.S. Supreme Court rules for insurers over $12 billion Obamacare claims

WASHINGTON, April 27 (Reuters) - The U.S. Supreme Court on Monday ruled in favor of health insurers seeking $12 billion from the federal government under a program set up by the Obamacare law aimed at encouraging them to offer medical coverage to previously uninsured Americans.

The justices on a 8-1 vote reversed an appeals court ruling that said Congress had suspended the government’s obligation to make such payments. (Reporting by Lawrence Hurley; Editing by Will Dunham)

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