A pending court ruling may say that the subsidies being provided to those who qualify for them due to their income status are illegal. The Affordable Care Act originally intended to have the “exchanges” (now known as “marketplaces”) providing subsidized individual medical coverage run by the states, and said so in their law (“exchange established by the state”) When 36 states decided they couldn’t, or wouldn’t, do it, the federal government set up their own exchange (which did not go too well, if memory serves). Now it may turn out that they weren’t supposed to do that…and if that is the case, whither goes the ACA? Well, we’re not sure, but in California the Exchange (Covered California) continues to go strong.
Glitches leave safety net in stitches – can we subsidize people federally? | California Employee Benefits
July 15, 2014