U.S. Supreme Court rules for insurers over $12 billion Obamacare claims

FILE PHOTO: The Supreme Court building exterior seen in Washington, U.S., January 21, 2020.REUTERS/Sarah Silbiger./File Photo

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday ruled in favor of health insurers seeking $12 billion from the federal government under a program set up by the Obamacare law aimed at encouraging them to offer medical coverage to previously uninsured Americans.

The justices on a 8-1 vote reversed an appeals court ruling that said Congress had suspended the government’s obligation to make such payments.

Reporting by Lawrence Hurley; Editing by Will Dunham

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