The U.S. Supreme Court's surprise announcement on
November 7 that it would hear King v. Burwell struck fear in
the hearts of supporters of the Affordable Care Act (ACA). At stake is the
legality of an Internal Revenue Service (IRS) rule extending tax credits to the
4.5 million people who bought their health plans in the 34 states that declined
to establish their own health insurance exchanges under the ACA. The case
hinges on enigmatic statutory language that seems to link the amount of tax
credits to a health plan purchased “through an Exchange established by the
State.” According to the plaintiffs in King, that language
means that consumers who buy insurance through federally run exchanges don't
qualify for subsidies. The Court's decision to hear the case without a split
between appellate courts suggests that at least four justices harbor serious
doubts about the IRS rule's validity. 
Showing posts with label King v Burwell. Show all posts
Showing posts with label King v Burwell. Show all posts
Friday, December 12, 2014
New England Journal of Medicine Comments On Court Challenge To Obamacare
The U.S. Supreme Court's surprise announcement on
November 7 that it would hear King v. Burwell struck fear in
the hearts of supporters of the Affordable Care Act (ACA). At stake is the
legality of an Internal Revenue Service (IRS) rule extending tax credits to the
4.5 million people who bought their health plans in the 34 states that declined
to establish their own health insurance exchanges under the ACA. The case
hinges on enigmatic statutory language that seems to link the amount of tax
credits to a health plan purchased “through an Exchange established by the
State.” According to the plaintiffs in King, that language
means that consumers who buy insurance through federally run exchanges don't
qualify for subsidies. The Court's decision to hear the case without a split
between appellate courts suggests that at least four justices harbor serious
doubts about the IRS rule's validity. 
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