Wednesday, March 04, 2015

What the Supreme Court will decide

“In March 2010, Congress passed, and President Obama signed, the Patient Protection and Affordable Care Act (ACA). The ACA was never implemented as written. The ACA authorizes subsidies to health insurers operating in state-established exchanges, but not the federal exchange. Some 37 states opted not to establish their own exchanges. Nevertheless, the Administration has been paying subsidies to insurers in those 37 states.

On March 4, the Supreme Court heard oral arguments in King vs. Burwell. At stake is the Administration's payment of subsidies to health insurers operating in states which use the federal exchange. The Supreme Court is expected to announce its decision by July. A decision to uphold the ACA, as written, will surely cause millions of people to stop paying premiums that will double, triple, or more after the Supreme Court strikes down the illegal subsidies.”

“. . . According to the Congressional Budget Office, there will be 2.5 million fewer full time jobs in 2017 than if Obamacare had not been enacted.

Congress has four options . . .

1 comment:

Anonymous said...

There's not a one of these people who care whether the low income have insurance; if they did, they would have done that instead of mucking it up for the rest of us.