Author Topic: Bad flashback for Obamacare as new battle looms  (Read 335 times)

loco

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Bad flashback for Obamacare as new battle looms
« on: November 17, 2014, 11:56:01 AM »
The Supreme Court has agreed to hear a new case against the Affordable Care Act, also known as Obamacare, and experts think that this time it might be in real danger.

After the Affordable Care Act passed, 36 states decided NOT to create their own health insurance exchanges. Their residents have to buy coverage through a federal marketplace instead. Since the law doesn't mention subsidies for people who enrolled in plans through this federal system, some experts thought that meant people from those 36 states should be shut out of the discounts.
 
The IRS thinks the subsidies should be for everyone, and – for now – the tax agency will still dole them out in every state. But the case has made it all the way to the Supreme Court, and experts say there's a good chance the justices might disagree … and leave millions of Americans struggling to pay their health care bills.

http://news.yahoo.com/katie-couric-explains-obamacare-supreme-court-king-burwell-affordable-care-act-204333897.html