Tuesday, September 30, 2014

Federal court in Oklahoma rules Obamacare subsidies are illegal

Marketwatch reports:
Another federal judge has ruled that subsidies provided to Obamacare recipients are illegal in states that don’t have their own health-care exchanges.

U.S. District Court Judge Ronald White in Muskogee, Okla., ruled in favor of the state of Oklahoma, which contended that the Affordable Care Act was written to provide subsidies only to those who bought insurance in the 14 states and District of Columbia that have their own exchanges.
It appears this issue will be going up to the U.S. Supreme Court.