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Thursday, June 25, 2015
Supreme Court upholds Obamacare subsidies
In a major victory for the Obama administration, the Supreme Court ruled Thursday that the 6.4 million people who receive health insurance through the federal government’s exchange are still legally eligible for tax subsidies to help pay for the insurance, in effect saving the law. John Roberts wrote the opinionsaying the Obama administration’s interpretation of the Affordable Care Act was lawful, in a 6-3 ruling.
In 2012, five justices of the Supreme Court agreed that a major part of the Affordable Care Act, the individual mandate, was constitutional, thwarting opponents on that front. But eventually, libertarian and conservative activists found another angle: What if the Obama administration had misread its own law? One crucial part of the law is the tax credits offered to middle-income Americans who buy plans on the individual markets by shopping on websites known as “exchanges.” The crafters of King v. Burwell