Supreme Court Upholds Obamacare Subsidies.

Posted June 25th, 2015 by Rob Anderson

A huge victory today for supporters of Obamacare in its current state. Millions of people will be able to continue to receive subsidies as a result of the ruling, some 6.4 million people. After this ruling the courts have decided that Obamacare is now not a matter for the federal legal system anymore. The Affordable Care Act has been upheld through this ruling and a previous ruling to be lawful legislation and held intact. Had the Supreme Court ruled for the Plaintiff millions of people would have lost their subsidies and not been able to afford their coverage. Most economists agreed a ruling against Obamacare would have pushed the insurance markets into utter chaos. Today the subsidy structure was ruled constitutional.

The President said earlier, "the courts should not overturn Obamacare in order to take away subsidies". "You interpret a statute based on its merit" and "this should probably not have been taken up". For the second time Chief Justice Roberts ruled for the administration helping to save Obamacare. He agreed that this legislation should not be overturned because of 4 words in the legislation. In a very similar reaction to his 2012 decision. The case known as King v. Burwell — revolved around the simple phrase “established by the State,” and whether it should be taken literally. The four words show up in Section 1401 of the ACA. That’s where the law provides insurance subsidies for those who can’t afford to pay the full price of their premiums to be obtained through an exchange “established by the State.”

Trouble is, 34 states didn’t establish their own exchanges and instead rely upon the U.S. Department of Health and Human Services and its web site to process their applications for coverage. Those who brought the case to the Supreme Court are asking justices to adopt a narrow interpretation of that phrase, while Obamacare supporters contend that takes the law out of context. Today the Supreme Court agreed with the Obamacare supports that the four words cannot be taken literally and the law will stand.

Over 16 million people have already gotten coverage through the affordable care act. And, more importantly no one can be denied coverage for a pre-existing condition. None of the negative predictions have come to pass with regard to Obamacare. it has helped millions and will continue to serve the healthcare needs of a growing American population. You have a model for healthcare where all of the pieces are beginning to connect. "It doesn't need fixing", the President said.

Please contact your agent for more details and special elections are still available for those who are currently seeking coverage.

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