As SCOTUS hears King v. Burwell, predictions on its outcome
With the Supreme Court set to hear King v. Burwell today, subsidies in the federal health care exchange could be eliminated for millions of enrollees. Leading up to this, Employee Benefit Adviser and Employee Benefit News have covered the story from all angles. Here is a roundup of our coverage in the case. And when the court rules in early summer, well have what that means for you, your clients and your business.
How King v. Burwell could impact 5 key health care system stakeholders: With the health care reform laws individual and employer mandates hanging in the balance, as well as the affordability of health insurance premiums, a ruling by the high court to invalidate the tax credits could have a lasting effect on many industry stakeholders.
What happens if ACA subsides are ruled illegal?: If the high court rules that subsides on the federal health care exchange are illegal, consumers would on average see premiums rise 255% but industry analysts say it is unlikely to get to that point.
An in-depth look at King v. Burwell: The Supreme Court on Wednesday will hear oral arguments in King v. Burwell, a case challenging the legality of tax credits allowed to purchase health insurance under the Affordable Care Act. The issue is the wording of the IRS rule that says individuals qualify for subsidies when they buy health insurance through an exchange established by the state.
5 states with the lowest insurance costs if subsidies are lost: HealthPocket.com, a website that ranks health insurance plans, analyzed premiums and deductibles in the federal exchanges for which states have the highest and lowest insurance costs if subsidies are lost. Here are the states with lowest premiums and deductible.
5 states with the highest insurance costs if subsidies are lost: HealthPocket.com, a website that ranks health insurance plans, analyzed premiums and deductibles in the federal exchanges for which states have the highest and lowest insurance costs if subsidies are lost. Here are the states with highest premiums and deductible.
Despite lack of knowledge, public supports ACA subsidies: As the industry anxiously awaits the Courts decision on the legality of providing subsidies to people buying health insurance through the federal marketplace, few Americans have heard of the case, however, most believe Congress should step in to fill the gaps if the subsidies are ruled unconstitutional.
Big business is backing ACA ahead of Supreme Court hearing: The Supreme Court briefs are in, and big business backs the Affordable Care Act.
Millions still uninsured despite qualifying for assistance: Roughly 11 million people gained health care coverage for the first time as of mid-December but millions more remained uninsured despite being eligible for assistance.
IRS wont penalize those who received wrong tax info from FFM: The Internal Revenue Service will not try to collect additional taxes from those taxpayers who have already filed their taxes after receiving incorrect information from the federal health insurance marketplace, Healthcare.gov.
States with hybrid exchanges could face difficult decision: States with hybrid exchanges could face a difficult decision should the Supreme Court rule the use of tax credits on the federal exchange is impermissible.