A controversial government fund could pay Obamacare insurers billions

A nonprofit insurer created under Obamacare filed a $5 billion lawsuit against the Obama administration which is raising questions about the use of a fund available for settlements with the government and whether Congress can, and should, intervene.

If the Obama administration decided to settle this class action lawsuit with Health Republic Insurance of Oregon, one of 23 co-ops started under Obamacare, and other insurers for all or part of the $5 billion, the money would come from the Judgement Fund, an indefinite appropriation created by Congress and administered by the Department of Treasury. Read article here…..

 

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