Court Rules: No Subsidies for Individuals for Health Insurance

A federal appeals court has ruled the Obama administration cannot subsidize insurance premiums for nearly 7 million Americans, dealing a serious blow to the Affordable Care Act (this does not impact state funded exchanges like New York and Connecticut). The ruling sets up an almost-certain appeal to the U.S. Supreme Court. Two judges with the D.C. […]

Five Million Uninsured People Gained Insurance Because of Obamacare

According to the Department of Health and Human Services, about 87% of people who signed up through federal health care exchanges were previously uninsured. Here’s how the percentage was determined: Of the 5.45 million people who signed up through the federal exchange, 5.18 million (or 95%) applied for financial assistance in their insurance plans. In […]

Tax Subsidies the New Challenge for Health Law

A new argument that may cause woes to Obamacare came to United States Court of Appeals for the District of Columbia Circuit. The plaintiffs state the language in the Affordable Care Act makes subsidies available only to people who buy insurance through marketplaces established by states. Stuart F. Delery, an assistant attorney general, told the appeals court […]