ACA Still Under Assault After Premium Tax Credits Upheld
February 3, 2014, 6:18 PM EST
Law360, New York (February 3, 2014, 6:18 PM EST) -- In May 2012, the Internal Revenue Service issued a rule to implement one of the key provisions of the Patient Protection and Affordable Care Act of 2010, providing that health insurance premium tax credits will be available to all taxpayers, regardless whether they obtain coverage through a state-based exchange or a federally facilitated exchange ("FFE").
In a closely-watched decision in Halbig v. Sebelius, a D.C. federal court recently rejected a claim that the application of the rule to FFEs is inconsistent with the plain language of...
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