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Court: Federal government doesn’t owe insurers Obamacare payments

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A divided three-judge panel rejected claims from two Obamacare insurers that the federal government was required to make good on payments from a program meant to protect insurers who attracted customers who were sicker and more expensive than anticipated. In all, insurers say they’re owed more than $12 billion from the risk corridors program. Court of Federal Claims ordered the federal government to pay more than $200 million. Insurers earning more than expected were required to pay into the program, while those losing big were expected to receive payments.

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