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As Supreme Court Weighs Obamacare, Health Insurers See Law’s Survival
Forbes November 8, 2020
The health insurance industry doesn’t see the U.S. Supreme Court overturning the entire Affordable Care Act and leaving tens of millions of Americans without medical coverage.
The nine-member Supreme Court will hear arguments Tuesday on a lawsuit brought by Republican attorneys general and backed by the Donald Trump White House who want the ACA invalidated.
But health insurance executives including Centene chief executive Michael Neidorff said he remains “relatively confident” the Supreme Court won’t strike down the law. Centene is the nation’s largest provider of individual coverage under the ACA with more than 2 million such customers and provides health benefits to millions more via the law’s Medicaid expansion.
“I don’t believe when push comes to shove, they want...
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