Supreme Court requires government to pay health insurers under Affordable Care Act

4/28/20
 
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from Yahoo,
4/27/20:

The Supreme Court ruled Monday that Congress cheated health insurance companies by reneging on a $12 billion promise made under the Affordable Care Act.

The decision represents the high court’s views on Congress’ power of the purse: Lawmakers cannot promise funding in legislation and then disavow that pledge.

Associate Justice Sonia Sotomayor wrote the 8-1 opinion on the basis of “a principle as old as the nation itself: The Government should honor its obligations.”

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ont-size:100%”>Supreme Court requires government to pay health insurers under Affordable Care Act