Today, June 25th, 2015, the U.S. Supreme Court upheld the tax subsidies that are crucial to the implementation of President Barack Obama’s ACA healthcare law.
In a 6-3 vote, the court ruled that the 2010 Affordable Care Act, AKA Obamacare, did not restrict the subsidies to states that establish their own healthcare exchanges. It marked the second time in three years that the high court ruled against a major challenge to the law brought by conservatives who are seeking to remove it.
The ruling states that the Affordable Care Act authorizes federal tax credits to eligible Americans who are living not only in states with their own exchanges, but also in the 34 states that have federal marketplaces.
Chief Justice John Roberts stated “Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them,” and also said that nationwide availability of the credits is required to “avoid the type of calamitous result that Congress plainly meant to avoid.”
In the hope that this matter can be put behind us, the Medical Society President Joseph Maldonado commented “Now that the Supreme Court has once again upheld the legality of the Affordable Care Act, we hope this will initiate meaningful discussions from both sides of aisle in Congress regarding how best to improve and fix the flaws of the ACA.”