In a 6-3 ruling in the landmark King v. Burwell case, the Supreme Court has voted to uphold subsidies for millions of Americans who purchased health insurance on the federal marketplace. Chief Justice Roberts’ key sentence in the majority opinion sums up the foundation of the Court’s reasoning: “Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them.” This is very good news for Virginia
King v. Burwell — What Will Happen?
It’s the middle of June. And while that may have you dreaming of flip flops, sunglasses, and summer, here at Virginia Medical Plans (and in the circles we travel), all eyes are on the King v. Burwell case. By the end of this month we should know whether or not the Supreme Court of the United States (SCOTUS) will strike down subsidies on the federal health insurance exchange based on
King v. Burwell — Will the Supreme Court Do Away with Subsidies?
If you live in Virginia, an upcoming Supreme Court decision may have you wondering if your health insurance subsidy is in jeopardy. Last year several lawsuits were brought against the government challenging the authority of the IRS to distribute health insurance subsidies to people who buy their coverage on the federal exchange (aka healthcare.gov). The issue was whether or not the language in the Affordable Care Act — which refers