Tessa Cheek, The Colorado Independent
In a 6-3 ruling today, the Supreme Court of the United States upheld a crucial provision of the Affordable Care Act that allows the federal government to provide tax subsidies for people who would otherwise find insurance unaffordable.
The court said that despite confusing language in the law, federal subsidies should be available even in states that have chosen not to expand Medicaid and created their own health insurance exchanges.
“We’re relieved that the Supreme Court did not allow four words to destabilize the nation’s entire health insurance market, most likely causing a spike in insurance rates,” said Adam Fox, director of strategic engagement for the Colorado Consumer Health Initiative, in a release.
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