The Supreme Courts decision to uphold the legality of tax subsides offered to individuals enrolling in health care coverage on the federal exchange lifts a veil of uncertainty and shifts the focus for advisers and their employer clients back to compliance with the Affordable Care Act, industry insiders say.
The Supreme Court ruled Thursday that subsidies used to purchase health insurance on the federally facilitated marketplace are legal. The 6-3 decision in King v. Burwell means that tax credits continue to be valid in the 34 federally-facilitated marketplace (FFM) states.
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