The onset of the coronavirus pandemic brought with it more changes than anyone could’ve ever imagined, forcing us all to change how we work, socialize, and ultimately live. Many experts in the medical field worry that a tertiary effect of these far-reaching, unprecedented changes will be a deterioration in many individuals’ mental health.
While things truly are different in the age of COVID-19, trying to maintain a sense of normalcy while staying at home is important for everyone’s mental health. We want to remind you that you aren’t alone. The Dickerson family is here to support you so we may weather the storm together, which is why we want to share these helpful resources with you.
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Government to Pay Obamacare Insurers due to this Supreme Court Decision
In an 8-1 decision, the U.S. The Supreme Court ruled that the federal government must pay the $12 billion it owes to insurance companies under the Affordable Care Act (ACA). The ACA promised to limit profits and losses for insurance companies the first three years it became law. Companies that made more money under the formula in the ACA paid the government back, while companies that experienced a loss were owed money by the government.
Under a Republican-controlled congress in 2014, Congress failed to appropriate money for companies who lost money, and they did so again for the next two years by adding riders to appropriation bills that disallowed the government from paying its debts. This is why insurance companies chose to sue. In the majority opinion, Justice Sonia Sotomayor writes that the decision reflects a principle “as old as the nation itself. The government should honor its obligations.”
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