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WSJ: Worried State Officials Met in Secret on Obamacare Subsidies
By Courtney Coren, Jun. 2, 2015, Newsmax
A secret meeting was held in early May with state officials from around the country to discuss the possible fallout from the upcoming Supreme Court decision over Obamacare subsidies and what to expect if they have to begin operating health insurance exchanges on their own.
The Wall Street Journal is reporting that the state officials met for 24 hours at the O'Hare International Airport's Hilton hotel in Chicago. The conclusion from the meeting was that the possible options are unworkable.
The Supreme Court is expected to release its decision this month on the King v. Burwell case, which challenges language in the healthcare law that says that subsidies are only supposed to come from exchanges created by the states.
When Obamacare was being implemented, 34 states did not establish their own exchanges, leaving residents in those states with no choice but to use the federal marketplace set up on HealthCare.gov to shop for health insurance if they were in need of subsidies.
If the high court rules that healthcare subsidies must come through the states, the residents will likely lose their health insurance, and health insurance premiums will also likely spiral, the Journal said.
Read the full story: www.newsmax.com
A secret meeting was held in early May with state officials from around the country to discuss the possible fallout from the upcoming Supreme Court decision over Obamacare subsidies and what to expect if they have to begin operating health insurance exchanges on their own.
The Wall Street Journal is reporting that the state officials met for 24 hours at the O'Hare International Airport's Hilton hotel in Chicago. The conclusion from the meeting was that the possible options are unworkable.
The Supreme Court is expected to release its decision this month on the King v. Burwell case, which challenges language in the healthcare law that says that subsidies are only supposed to come from exchanges created by the states.
When Obamacare was being implemented, 34 states did not establish their own exchanges, leaving residents in those states with no choice but to use the federal marketplace set up on HealthCare.gov to shop for health insurance if they were in need of subsidies.
If the high court rules that healthcare subsidies must come through the states, the residents will likely lose their health insurance, and health insurance premiums will also likely spiral, the Journal said.
Read the full story: www.newsmax.com
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