Thursday, April 17, 2014

The Legal Challenge to Obamacare You Probably Haven’t Heard of (And Why It Matters)

The Blaze ^ | April 15, 2014 | Becket Adams
Obamacare dictates that individual states can either set up and operate their own exchanges or the federal government will do it for them. Only 16 states and the District of Columbia currently run on their own exchanges. The remaining 34 states have elected to rely on the federally operated exchanges. And this is where we run into an issue: Depending on various factors, including income levels, people signing up through the state and federal exchanges may be eligible for subsidies that could drastically reduce the cost of health insurance coverage. The little-known challenge being argued in the District of Columbia deals with the government’s definition of who is eligible for these tax credits. The IRS claims it has the authority under the law to grant subsides to people enrolling in both the state and federal exchanges. The challengers, however, argue that only the states have the authority to grant tax subsidies and that it’s unlawful for the federal exchanges to do the same.
(Excerpt) Read more at theblaze.com ...

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