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BREAKING: Supreme Court Upholds ACA Subsidies
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In a 6-3 decision, the Supreme Court on Thursday upheld nationwide subsidies for people who meet income qualifications and buy insurance on a federal or state marketplace. The plaintiffs had argued the subsidies were only authorized for state-run exchanges.
In a major victory for President Barack Obama and his signature health reform law, the Supreme Court on Thursday ruled that the Affordable Care Act allows people in all 50 states to qualify for subsidies to help defray the cost of health insurance.
The plaintiffs had argued that the law limited the scope of health insurance subsidies to states which set up their own health insurance marketplace. Had the court agreed, about 6.4 million people in 34 states might have lost their health insurance tax credits.
Instead, the court ruled 6-3 that Congress intended to allow subsidies for everyone who met income qualifications, regardless of the state. They said that intent was clear enough to override any textual ambiguity.
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