Tuesday, August 5, 2014

No, question is Should It?

Can Obamacare Succeed Without Subsidies?

By Doug Podolsky, Aug. 4, 2014, Usnews.com

President Barack Obama's signature health care reform law, the Affordable Care Act, faces new scrutiny in the courts, raising additional questions about the future of Obamacare. In late July, two federal appeals court panels issued contradictory rulings within hours of each other on the legality of one of the law’s key components: subsidies to help people pay for health insurance.

At issue in both lawsuits was whether the wording of the law authorizes the government to make tax credits available to subsidize the cost of health insurance premiums for millions of qualifying middle- and low-income Americans who purchase insurance using healthcare.gov, the federal exchange, or only for those who use state-run marketplaces. The reasoning behind the opposing rulings boiled down to whether the judges strictly interpreted the letter of the health care law or its spirit.

Halbig v. Burwell was brought by a group of individuals and employers from states that did not establish their own exchanges and objected to the subsidies and the law’s mandate that they buy insurance. A West Virginia man who joined the lawsuit, for example, admits to being at least partly motivated by opposition to “government handouts,” and would rather avoid the choice of purchasing health insurance – even at a subsidized cost of less than $21 per year – or facing a tax penalty, according to court documents.

Read the full story:  www.usnews.com

Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook

No comments:

Post a Comment

Comment Policy:

The author of this blog will attempt to engage in conversation via the comments section whenever possible and recognize the 24/7 nature of the internet. Moderating and posting of comments will occur during regular operational hours Monday through Friday. Comments submitted after hours or on weekends will be read and posted as early as possible, however admins and/or the author is unable to commit to replying to every comment posted.

This is a moderated blog. That means all comments will be reviewed before posting. In addition, it is expected that participants will treat each other, as well as the author and admin, with respect. Comments that contain vulgar or abusive language; personal attacks of any kind will not be posted. Comments that are spam or that promote services or products will not be posted. It is requested that all comments remain on topic.

The Elder Statement blog does not guarantee or warrant that any information posted by individuals on this blog is correct, and disclaims any liability for any loss or damage resulting from reliance on any such information. The Elder Statement blog may not be able to verify, does not warrant or guarantee, and assumes no liability for anything posted on this website by any other person. The Elder Statement blog does not endorse, support or otherwise promote any private or commercial entity or the information, products or services contained on those Web sites that may be reached through links on our Web site.

To protect individual privacy and the privacy of others, please do not include phone numbers, addresses or email details in the body of a comment. Such information will result in removal of a comment.

Thank you for your attention.

The Elder Statement