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June 26, 2015

SCOTUS Upholds ACA Tax Credits in 6-3 Decision

The Supreme Court has upheld a key provision of the Affordable Care Act allowing federal tax credits for those who are eligible and enrolled in health plans through the federal insurance marketplace.  Chief Justice John Roberts joined the majority in a decision that has been eagerly anticipated for months.

If the provision had not been upheld, Americans in the 34 states that have federally-facilitated exchanges would have lost tax credits that make coverage more affordable for those who are eligible.  (New York is one of 14 states that have their own exchanges, so the tax credits would not be affected.)

Justice Scalia wrote the dissenting opinion and was joined by Justices Alito and Thomas.

Read more here or get the full transcript here.

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