Supreme Court will hear case over the collapse of health insurer shorted by federal government
The U.S. Supreme Court has agreed to weigh in on whether the federal government was wrong not to make certain payments to Land of Lincoln health insurance, which collapsed in 2016, leaving nearly 50,000 Illinois residents scrambling for coverage.
The insurer blamed its midyear downfall partly on the federal government, saying it was owed risk corridor payments under the Affordable Care Act, also known as Obamacare. Risk corridor payments were meant to help offset insurers' financial losses in the early,
