Jar of IOUs Amounts owed toinsurers range from tens of thousands to hundreds of millions, withKaiser Foundation Health Plan owed the most at $220.3 million.(Photo: Shutterstock)

The federal government has been ordered by a federal judge tofork over $1.6 billion in unpaid subsidies to about 100 healthinsurers.

Modern Healthcare reports that although the government isexpected to appeal, the judgment is the result of a class actionsuit brought by Wisconsin-based Common Ground HealthcareCooperative in the wake of the Trump administration's failure to pay up on subsidies that should havelowered health care costs for some of those who bought healthcoverage on the Affordable Care Act exchanges.

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Marlene Satter

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

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