Supreme Court to Review Alleged Obamacare ‘Bait and Switch’ (2)

Health insurers seeking about $12 billion in Obamacare payments will get a chance to convince the U.S. Supreme Court to order the government to pay up.

The high court June 24 granted review on whether insurers are entitled to collect money they say they’re due under the Affordable Care Act’s risk corridor program. The government maintains there’s no money to pay the insurers in full because Congress identified only one source from which payments could be made—and that fund doesn’t have enough money it.

The risk corridor program was intended to help insurers that lost money after extending coverage to ...