Small Biz Owners Want ACA Exchange Subsidies Halted

Law360, New York (September 11, 2013, 6:15 PM EDT) -- Small business owners and individuals who allege an Internal Revenue Service rule unlawfully expands Affordable Care Act insurance subsidies and penalties urged a Washington, D.C., federal judge Tuesday to temporarily bar the federal government from applying the rule to people with health coverage through federal exchanges.

The group says the ACA limits premium assistance subsidies to states that run their own insurance exchanges, and they argue the IRS “subsidy expansion rule” is worrisome for individuals in federal exchange states who are are poor enough to be...
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