Court could declare Obamacare subsidies illegal in 34 states

“Under the Affordable Care Act, subsidies are only available for state exchanges. But through regulation the Internal Revenue Service has extended subsidies to federal exchanges too.  Several groups are challenging the federal subsidies. Judge Friedman ruled that their case could go forward, disappointing the administration. The Justice Department argued that the court should throw out the case because the plaintiffs had no standing. After the judge’s ruling, the plaintiffs are standing tall.  Family plans will cost $20,000 a year in 2016, according to the IRS. If Americans on the federally run exchanges do not qualify for health-insurance subsidies, few will sign up.”

http://www.marketwatch.com/story/court-could-block-obamacare-subsidies-in-34-states-2013-10-25

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