November 16, 2024 9:51 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

[BREAKING] Supreme Court permits health care subsidies nationwide; Rose Law Group Healthcare Attorney David Weissman comments

SCOTUS

The New York Times

The Supreme Court ruled on Thursday that President Obama’s health care law may provide nationwide tax subsidies to help poor and middle-class people buy health insurance.

The case concerned a central part of the Affordable Care Act, Mr. Obama’s signature legislative achievement. The law created marketplaces, known as exchanges, to allow people who lack insurance to shop for individual health plans.

Some states set up their own exchanges, but about three dozen allowed the federal government to step in to run them. Across the nation, about 85 percent of customers using the exchanges qualify for subsidies to help pay for coverage, based on their income.

Continued:

 

Comments by David Weissman, Rose Law Group healthcare attorney:

In a 6-3 decision, the U.S. Supreme Court once again has upheld the validity of a key provision of the Affordable Care Act – namely, premium subsidies that make insurance affordable for millions of Americans. The Court’s majority clearly recognized the potentially disastrous impact of taking away subsidies from citizens in the 34 states which use the federal insurance exchange marketplace, noting that this would destabilize insurance markets in those states and likely lead to insurance “death spirals” that Congress intended the ACA to avoid. 
This ruling should be welcome news for the more than 150,000 Arizona citizens who received premium subsidies last year, particularly since Arizona law explicitly prevents the state from establishing its own insurance exchange. 
At this point, the message from the court is fairly clear– the ACA is here to stay unless the president and Congress make a legislative change.  For now, and unless and until that occurs,  individuals and companies should plan their compliance strategies accordingly.
Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.