Tag Archives: In Potentially “Lethal Blow” For Obamacare

ZeroHedge – In Potentially “Lethal Blow” For Obamacare, US Appeals Court Finds Insurance Subsidies Invalid In Most States – 22 July 2014

ZeroHedgeIt may be back to square 1 for Obamacare.

Moments ago, in what NBC classified as a “potentially lethal blow to Obamacare” a federal appeals court has ruled that the federal government may not subsidize health insurance plans bought by people in states that decided not to set up their own marketplaces under Obamacare. The law clearly says that states are to set up the exchanges. But 34 states opted not to, and the federal government took over in those states. The court ruled that federal government may not pay subsidies for insurance plans in those states.

Read the full story at: www.zerohedge.com / link to original article