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Federal Government Doesn’t Have to Pay Billions to Health Insurers, Court Rules

The federal government doesn’t have to pay insurers billions of dollars under an Affordable Care Act program aimed at enticing them into the markets by helping cover their financial risks, a divided federal appeals court ruled Thursday.

In a case brought by Moda Health Plan Inc., the ruling is a blow to insurers hoping to recoup money they say they were owed under the 2010 health law.

The…

Article source: https://www.wsj.com/articles/appeals-court-rules-against-insurer-moda-health-over-aca-payments-1528989913

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