The Supreme Court decision in King v. Burwell, the case challenging the Obama administration’s decision to award tax credits for health insurance sold through federally established exchanges, could turn on the question of whether a ruling that ends the tax credits on federal exchanges might cause something known as a “death spiral” in health insurance markets.
The Obama Administration was apparently shocked when the U.S. Supreme Court agreed to hear the case of King v. Burwell, which challenges insurance subsidies flowing through federal Exchanges. The Affordable Care Act (ACA) clearly states that subsidies flow only through Exchanges established by States.
Managing Editor of Health Care News, Sean Parnell, talks with a Fellow at the National Center for Policy Analysis, John Graham, in today’s Heartland Daily Podcast. In this episode, Parnell and Graham discuss a few health care related issues that have been in the news recently.
Ignoring the language of the law, the Obama administration decided to give tax credits through the federally established exchange. This triggered several lawsuits, with two courts ruling to uphold the law as written, thereby preventing tax credits from being applied to individuals who signed up through the federal exchange, while a third court sided with the administration’s argument Congress simply forgot to write into the law that tax credits could be given through federal exchanges.
I don’t agree with the New Republic’s Jonathan Cohn very often, but in a recent article he said, “everybody should be cautious about making firm pronouncements about how the Affordable Care Act is doing.” Amen to that.
Of course, Mr. Cohn can’t help himself. He uses that reasonable statement as a launching pad for attacking, “…Cruz, Barrasso, and all the other hard-core Obamacare opponents on the right.” He just can’t imagine why these people might be skeptical of Administration claims about enrollment.
As the fiscal cliff discussions in Washington move forward, don’t be surprised if you soon hear about President Barack Obama requesting an extension on his signature legislative achievement. It turns[…]
[First published Nov. 15 at Ricochet.] Republican governors met in Las Vegas to sort out where they go from here on health care policy. They all face two key decisions post-election:[…]
Wisconsin Gov. Scott Walker (R) announced Friday that his state will not set up an insurance exchange under the Patient Protection and Affordable Care Act. The decision brings the list[…]