Breaking Down Today’s Conflicting Obamacare Court Rulings
Jul 22, 2014 20:15:48 GMT -5
Post by Michael Downing on Jul 22, 2014 20:15:48 GMT -5
More confusion adding to the current chaos concerning health care. Looking at 45-55% increases if as a company we decided to keep our group health plan when we have to renew this fall we have already announced to our employees that we are dropping health coverage at the end of September. We are capping our costs by increasing our employees pay based on our current company contribution towards health care. This means an average of a 10-12% pay increase to each of our average employees' wage. They can use that money for whatever purpose they want. Our insurance broker will meet with each employee on company time and help them chose the best insurance plan to meet their individual needs. Today's rulings just add more confusion and costs continue to escalate...
www.theblaze.com/stories/2014/07/22/breaking-down-todays-conflicting-obamacare-court-rulings/
Breaking Down Today’s Conflicting Obamacare Court Rulings
Two federal appeals courts released conflicting decisions on Tuesday on the legality of giving people subsidies to buy Obamacare health plans under the federal healthcare exchange.
Tuesday morning, a panel in the Court of Appeals for the District of Columbia found that a plain reading of Obamacare says that only people who buy insurance from a state-run exchange can be given subsidies. That decision had Republicans cheering, and calling it a significant blow to the law that could unravel it entirely if millions of people were suddenly not eligible for subsidies.
But soon after, the Court of Appeals for the Fourth Circuit in Virginia released a decision that said the law is ambiguous, and that the government’s regulations allowing subsidies for people who buy insurance under any Obamacare exchange are legal under one interpretation.
The conflicting rulings seem to increase the likelihood that the issue will have to be decided by the Supreme Court. If the fight advances to that level, the findings in each of Tuesday’s rulings will likely provide an initial roadmap for how to think about the case.
The DC appeals court seemed to have an easy time deciding that the IRS regulations allowing subsidies for all violated Obamacare as the law is written. According to the majority opinion, Obamacare says subsidies in the form of tax credits are available for only those taxpayers who buy insurance under an exchange “established by the state” under Section 1311 of the law.
That section deals with state-level exchanges, and because the law is so specific, the DC court said it’s clear subsidies can only go to those who buy a plan in one of the 14 states that run their own exchange.
www.theblaze.com/stories/2014/07/22/breaking-down-todays-conflicting-obamacare-court-rulings/
Breaking Down Today’s Conflicting Obamacare Court Rulings
Two federal appeals courts released conflicting decisions on Tuesday on the legality of giving people subsidies to buy Obamacare health plans under the federal healthcare exchange.
Tuesday morning, a panel in the Court of Appeals for the District of Columbia found that a plain reading of Obamacare says that only people who buy insurance from a state-run exchange can be given subsidies. That decision had Republicans cheering, and calling it a significant blow to the law that could unravel it entirely if millions of people were suddenly not eligible for subsidies.
But soon after, the Court of Appeals for the Fourth Circuit in Virginia released a decision that said the law is ambiguous, and that the government’s regulations allowing subsidies for people who buy insurance under any Obamacare exchange are legal under one interpretation.
The conflicting rulings seem to increase the likelihood that the issue will have to be decided by the Supreme Court. If the fight advances to that level, the findings in each of Tuesday’s rulings will likely provide an initial roadmap for how to think about the case.
The DC appeals court seemed to have an easy time deciding that the IRS regulations allowing subsidies for all violated Obamacare as the law is written. According to the majority opinion, Obamacare says subsidies in the form of tax credits are available for only those taxpayers who buy insurance under an exchange “established by the state” under Section 1311 of the law.
That section deals with state-level exchanges, and because the law is so specific, the DC court said it’s clear subsidies can only go to those who buy a plan in one of the 14 states that run their own exchange.