Bloomberg Law
Oct. 22, 2019, 6:16 PM

Feds Must Pay $1.6 Billion to Insurers for Obamacare Losses

Mary Anne Pazanowski
Mary Anne Pazanowski
Legal Reporter

A class of health insurers is entitled to nearly $1.6 billion from the U.S. under an Obamacare program designed to make insurance affordable for low-income people, the U.S. Court of Federal Claims said Oct. 22.

Chief Judge Margaret M. Sweeney entered judgment for the class led by Common Ground Healthcare Cooperative, which operates in Wisconsin. Sweeney determined in February that the government’s failure to reimburse insurers for reducing members’ cost-sharing obligations violated the Affordable Care Act.

Sweeney left the case open so the insurers could identify the amount each was owed. The government and the class said in an Oct. ...

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