Obamacare Goes Back to

Obamacare Goes Back to - Supreme Court

Obamacare is back to the Supreme Court.

This time, the Supreme Court hears King vs Burwell who questions the legality of premium tax credits offered by the federal government -run health insurance markets. Last week, the Supreme Court began hearing arguments, which means that all eyes are on this new challenge to the Affordable Care Act.

This paper summarizes what you need to know about Obamacare and the latest hearings of the Supreme Court.

Overview of the king against Burwell

The King vs. Burwell lawsuit alleges the language in the Act on the Affordable Care does not allow the federal term health insurance market to provide bonuses on tax credits -. an essential component of Obamacare

The crux of the lawsuit is to just six words describing eligibility for tax credits (bonus "an exchange established by the state"). Only 16 states currently operate their own exchange, with other States relying on the market performance of the federal government, www.healthcare.gov .

Supreme Court heard arguments last Wednesday and met privately to discuss (and possibly decide) where last Friday.

However, there may still be several weeks for the Supreme Court to decide, writing and announce their final decision

How . King vs. Burwell could impact you

If the Supreme Court rules in favor of the king against Burwell, it is felt 9.6 million people could lose Medicare coverage. It is the specific impact, however, varies among stakeholders.

HealthData Management provided a summary impact by stakeholders . Here is a summary of their analysis

1. Employers -. While most employers will not be directly affected, their employees will be. So it should be a concern for employers in states that use the Federal Stock Exchange

2. employees -. Employees who get insurance through work can not see a big change, but as HealthData stresses, it would have a significant impact on employees who use the Federal Stock Exchange to buy coverage.

3. Benefits Advisors - benefit consultants have a role to educate customers about any changes. Rick Lindquist, President of Zane Benefits, was quoted saying, "We tell our clients that we are ready for when that happens, and we'll help you make a change."

4. Insurers - If the Supreme Court annuls the premium tax credits in the federal market to function, the individual market to health insurance will become much more unstable.

5. Hospital and suppliers - According HealthData, hospital groups and health have supported the Government's contention that the ACA was intended to provide tax credits premiums for individuals.

many viewers are skeptical that the premium tax credits will be canceled.

However, if the Supreme Court invalidated the tax credits of the premium to the Federal Stock Exchange, spectators expect that measures will be taken quickly to introduce new legislation for make accessible to all individuals.

Further analysis

For further analysis on Obamacare and the Supreme Court, see these sources information:

• another moment of truth for Obamacare - And the Supreme Court (post Huffington)

• argument analysis: Establishing private debate on the ACA (SCOTUSblog)

• the Supreme Court hears challenge Obamacare Facts Highlights of pleadings (Washington post)

• US Supreme Court Split on Obamacare challenge (Reuters)

• Supreme Court divided on Obamacare subsidies (Fox News)

• the Supreme Court hears challenge Obamacare, but the results impossible to predict (NBC)

What do you think will happen with Obamacare and the Supreme Court? Leave a comment.

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