Law360, New York (June 25, 2015, 10:15 AM EDT) -- The U.S. Supreme Court on Thursday ruled that consumer subsidies can continue flowing through all of the Affordable Care Act’s health insurance marketplaces, wiping out a grave threat to the landmark law.
Affordable Care Act supporters gather outside the U.S. Supreme Court Thursday, as the justices vote 6-3 to protect the tax credits integral to the law. (Credit: AP) The 6-3 decision in King v. Burwell protects tax credits distributed to nearly 6.5 million consumers on 34 federally established exchanges. Challengers had argued that those exchanges can't be covered by an ACA provision allowing tax credits through exchanges “established by the...
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