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Breaking: Surprise Supreme Court Action Could Be A Death Blow To Obamacare Read
2014 Nov 9, 3:33pm 1,273 views 6 comments
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Please SCOTUS, kill Obamacare. That will get all the Rep/Con/Teas off at least one Big Govt. Socialist program. How are the well to do R/C/Ts going to like their 25 yr.old & younger children having to take "Personal Responsibility" when their sorry asses are no longer able to ride on their parents insurance. HA,HA,HA.
indigenous
2014 Nov 10, 10:51pm
You expect the Obama supporters to comment on that? Really?
No, they are licking their wounds, hehehe.
But this would be huge. As long as Roberts doesn't pull another one out of his ass.
Tenpoundbass
2014 Nov 10, 11:31pm
You guys do realize that 90% of the you and invincible condescending, obtusely smug assholes that have defended Obamacare tooth and nail, have planned just paying the tax all along and not being insured, don't you?
The other 10% have diabetes, so see the $1700 a month premiums as an excellent deal, because their insulin shots are $300 a month.
No these aren't the youngest and the brightest.
Breaking: Surprise Supreme Court Action Could Be A Death Blow To Obamacare
Read more at http://www.westernjournalism.com/breaking-obamas-bad-week-just-got-worse-surprise-supreme-court-action/#BffwCXVMv4o1XdfC.99
The essence of King v. Burwell is whether those who buy health insurance on federally-run exchanges are eligible to receive premium subsidies. The IRS says yes. The letter of the law says no. The answer as to whether the implementation of the Affordable Care Act will move forward lies with the nine justices.
If the justices rule that subsidies are not permitted on the 36 federal exchanges, then insurance markets in these states would break down. Eighty-five percent of people who bought plans on the exchanges received subsidies in 2014, according to the Department of Health and Human Services. If Americans on the federally-run exchanges do not qualify for health insurance subsidies, far fewer will sign up because plans will be unaffordable for many. If fewer people sign up, rates will rise, leading to a vicious cycle and possible collapse of the plans offered.
If the ACA begins to fall apart, President Obama will have to sign remedial legislation to preserve it. The Act will be practically repealed-unless most or all of the remaining 36 states set up their own state exchanges. Without functioning exchanges, employers will not have to offer health insurance, since there will be no subsides available, and the employer mandate in those states would vanish.
According to the text of the Affordable Care Act, subsidies are available to those who get their health insurance "through an Exchange established by the State under section 1311 of the Patient Protection and Affordable Care Act." Or, in another section, those "enrolled in...an Exchange established by the State under section 1311."
Section 1321 of the Act allows the federal government to set up exchanges in states that have not set up their own web-based portals. But nowhere does the law state that people on federal exchanges can receive tax subsidies.
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