Supreme Court Will Hear Newest Challenge to Affordable Care Act
The Supreme Court decided Friday that it would consider the latest challenge to the Affordable Care Act.
The justices decided to review an appeals court decision that upheld an Obama administration decision to extend tax subsidies to those who purchased health insurance through exchanges established by the federal government. The challengers argue that according to the wording of the statute, the subsidies should only extend to those in states that had established their own exchanges.
The administration and insurance companies say that would remove the underpinnings of Obamacare that made it workable.
The challenge focuses on four words in the massive bill. It said people would qualify for tax credits when they buy insurance in a market “established by the state.”
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