House Takes Legal Action Against Obamacare Bailout for Insurance Companies
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House Takes Legal Action Against Obamacare Bailout for Insurance Companies
Key quote from the full brief filed yesterday evening by the House's general counsel:
"In other words, HHS is trying to force the
The following is a longer excerpt from the brief:
"The law is clear that insurance companies operating on the health exchanges established pursuant to the Patient Protection and Affordable Care Act have no right to government handouts in excess of incoming funds under the Act's risk corridors program. This is because the program was intended to be budget-neutral and self-funding - i.e., outgoing payments would be covered by incoming payments - and
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"Particularly in light of Plaintiff's recent motion for class certification in this case, DOJ's troubling failure to raise these arguments here should not deprive this Court of the opportunity to consider these compelling grounds for dismissal of Plaintiff's claims, so as to resolve this case in a manner that is consistent with binding precedent and avoids the unnecessary expenditure of judicial resources.
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Speaker Ryan's Press Office 202-225-0600
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