by Katherine Restrepo
Director of Health Care Policy, John Locke Foundation
This morning, the U.S. Court of Appeals for the D.C. Circuit issued a ruling that Obamacare subsidies shall only be distributed to individual market exchange consumers living in states that have set up their own health insurance exchanges. 34 states have opted for the establishment of federal exchanges, where consumers purchase federally qualified health plans through the infamous healthcare.gov.
If the lawsuit goes further, it could be that the majority of individual policyholders in the country will not receive subsidies to offset their health insurance premiums and out-of-pocket costs. The court’s 2-1 vote seriously questions the very viability of the Affordable Care Act.
The Wall Street Journal has the breaking news. If you’re really interested in learning more about the case that could essentially derail Obamacare, read the entire court ruling here, or my previous writings about it here and here.