June 26, 2015
Supreme Court Upholds Affordable Care Act Subsidies
On June 24, the U.S. Supreme Court ruled 6 to 3 in King v. Burwell to uphold the legality of health insurance subsidies for Americans through the federal exchanges created by the Affordable Care Act.
In its case, the Supreme Court examined language that make tax credits available for Americans who enroll “through an exchange established by the state” and whether that can apply to the subsidies nationally. The ruling in favor of the health care reform law preserves premium subsidies for 6.4 million Americans in the 34 states that use the federal marketplace, as well as the insurance mandate.
Read more about the ruling in the Washington Post.