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News

The Daily

SCOTUS Upholds Obamacare Subsidies

By:
Chris Gaetano
Published Date:
Jun 25, 2015
GavelThe Supreme Court of the United States has decided, 6-3, that Americans who got their health insurance from a federally-run exchange still qualify for subsidies despite language that gave the impression the program only applied to state-run exchanges, according to NBC News. The majority opinion, authored by Chief Justice John Roberts, said that the intention of the Affordable Care Act was "to improve health insurance markets, not destroy them. If at all possible, we must interpret the Act in a way that is consistent with the former, and avoids the latter." The dissent, authored by Justice Antonin Scalia, however, said that the court was rewriting the law to make sure the tax credits were available. Approximately six million Americans have purchased health insurance through federal exchanges and receive subsidies that reduces their premiums by an average of 72 percent, or about $270 a month, said NBC News.