Supreme Court could review Obamacare subsidy case
The Competitive Enterprise Institute (CEI) has filed a petition with the Supreme Court for review of Obamacare. The non-profit, CEI has questioned if the federal government can subsidize healthcare for millions of Americans.
This is not the first time Obamacare has faced tough questions. Two lower court rulings have created uncertainty over the legitimacy of the federal subsidies for individuals enrolled for Obamacare.
Nearly five million people benefit from the subsidies provided on health care by the Affordable Care Act. Individuals in 36 states can choose affordable health care plan on HealthCare.gov. As per estimates, 86 percent of the federal exchange consumers benefit from the subsidies.
Two judges appointed by Republicans in District of Columbia have given a ruling against the administration. In Virginia, three judges appointed by Democrats have favored Obamacare.
The Affordable Care Act, primarily backed by President Obama, offers low cost coverage to millions to Americans. The enrollment to the program has been impressive and many insurance providers have decided to continue with their plans even during the second year of the program.
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