Friday, February 27, 2015

King v Burwell


Once again the Supreme Court will have a say about healthcare reform. The Supreme Court has agreed to hear the case King v Burwell. To put it simply, if supporters of this lawsuits succeed, the government will take away premium tax credits from residents in all of the states with federally facilitated marketplaces. Those tax credits help low- and moderate-income people afford to pay their monthly health insurance premiums. Without this benefit, millions would not be able to pay for their health insurance.

The extent of the problem is enormous. More than 7 million people in states with federally run marketplaces currently receive tax credits. But, if they suddenly had to pay unsubsidized premiums, most would no longer be able to afford their coverage.
 
Premium tax credits don’t just help those purchasing healthcare – they increase and strengthen the pool of enrollees helping to create a stronger and more robust health insurance market. In doing so, they help keep health insurance premiums from becoming unaffordable for all of us.

Michigan is one of 34 states that has a federally facilitated marketplace.

 It would affect all the people that we have enrolled in healthcare.

The Supreme Court will hear oral arguments in this case on March 4; we will most likely hear their decision in late June.

 

 

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