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July 23, 2014

Conflicting Rulings on Insurance Subsidies Could Return Obamacare to Supreme Court 
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A pair of federal appeals courts has issued conflicting rulings on the
Affordable Care Act, President Obama's signature healthcare law. On
Tuesday, a panel on the D.C. Circuit Court of Appeals struck down
insurance subsidies in the 36 states that only use federal exchanges.
The court said subsidies approved by the law do not apply to the federal
exchanges, just the state exchanges. If allowed to stand, the ruling
would drastically hike premiums for more than 4.5 million people and gut
a provision at the heart of Obamacare. In a separate ruling hours later,
the Fourth Circuit Court of Appeals in Virginia upheld the subsidies.
The differing rulings will likely mean that Obamacare's fate returns to
the Supreme Court.

 

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