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US Supreme Court takes up insurers' $12 billion Obamacare dispute

News Service
16:42 - 24/06/2019 Pazartesi
Update: 16:44 - 24/06/2019 Pazartesi
REUTERS
A sign on an insurance store advertises Obamacare in San Ysidro, San Diego, California, US.
A sign on an insurance store advertises Obamacare in San Ysidro, San Diego, California, US.

The U.S. Supreme Court on Monday agreed to decide whether the federal government must pay insurers $12 billion under an Obamacare program aimed at encouraging them to cover previously uninsured people after the healthcare law was enacted in 2010.

The justices will hear an appeal by a group of insurers of a lower court ruling that Congress had suspended the government's obligation to make the payments. The insurers have argued that the ruling would allow the government to pull a "bait-and-switch" and withhold money they were promised.

#Obamacare
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