A Federal Appeals Court Just Invalidated Obamacare In These 36 States
The D.C. Circuit Court of Appeals ruled in a 2-1 decision that health insurance subsidies provided by the Affordable Care Act are invalid in the 36 states with federal health insurance marketplaces.
The Halbig v. Burwell ruling means that more than 5 million people in 36 states who are currently receiving health insurance subsidies through the federal marketplaces could potentially be shut out, as the graphic below shows.
Business Insider/ Skye Gould
The health insurance subsidies won't be cut off immediately. The Hill reports that the government is expected to appeal the decision and it looks like the case may eventually be headed to the Supreme Court.
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador