Gavel on flag The governmentclaimed no obligation to make cost-sharing reduction payments,since Congress never appropriated funds to do so. A judgedisagreed. (Photo: Shutterstock)

Another day, another defeat.

Or so it must seem to the Trump administration, with the newsthat Montana Health Co-op has emerged victorious—the first insurerto do so—in its case against the federal government over $5.3million in unpaid cost-sharing reduction payments. Other insurershave also filed suit, but the Montana case is the firstvictory.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.