Supreme Court to Uphold Obamacare Subsidies

Credit: Morguefile.com

Credit: Morguefile.com

On Thursday, the Supreme Court of the United States decided to uphold the nationwide tax subsidies on Obamacare. As a result, they rejected what would have been a significant challenge to the law, which solidifies health insurance for a large sum of Americans. The justices made this decision in a 6-3 ruling.

Basically, the ruling declares that the subsidies (presently received by about 8.7 million Americans) will not depend upon where that person lives. This ruling is considered the second, prominent victory for President Barack Obama in the Supreme Court where healthcare is concerned.

Chief Justice John Roberts voted liberally in support of the law. Back in 2012, his vote was the one upholding the law. Roberts wrote that they passed the Affordable Care Act to assist Americans, “not to destroy them.” Also, this time, Justice Anthony Kennedy voted with the liberal majority. Three years ago, he was a dissenter.

Justice Antonin Scalia, a dissenter in both 2012 and 2015, ardently disagreed with the majority. He wrote that the Court should actually call this law “SCOTUScare” because they have now intervened twice to keep the law from meeting major, oppositional forces.

Where the nation is concerned, more than ten million Americans have signed up for Obamacare. Of those ten million, just over eight million are the ones receiving subsidies of about $272 per month. Those subsidies are supposed to help in paying for insurance premiums. Over six million of these subsidy-receivers risked losing this financial aid because they are residents of states that did not establish health insurance exchanges of their own. Now, the health insurance industry is pleased and relieved, and it is likely that this ruling means a stable market for American consumers.

Additionally, the law states that those under Obamacare are permitted to claim tax credits no matter which state they live in. The Court will not limit the subsidies any further. The name of this case, which your children might have to study for the Advanced Placement United States History test one day, is King v Burwell.

What do you think about the ruling?

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