The plaintiffs in this case — mostly Republican operatives or conservative ideologues seeking to gut the law — are arguing that the ACA never authorized the distribution of subsidies to federally-run exchanges in order to cajole states to establish their own marketplaces. They highlight two places in Obamacare where the subsidies appear to be tied to “an Exchange established by the State under 1311” and not the federal government. Thus, according to McConnell, this is merely a case about “whether the language of the law means what the language of the law says.” … Ultimately, if the Supreme Court sides with the plaintiffs, economists estimate that 7.3 million people could lose out on $36.1 billion in subsidies by 2016, leading to higher health care premiums and the dreaded “death spiral” effect. Under that scenario, the sharp premium increases will push healthy people out of the marketplace, leading to even higher premium increases and a very expensive risk pool full of sicker — and by definition more expensive — beneficiaries. The same economists explain that, if five justices decide to gut Obamacare, the resulting premium spikes will render insurance “unaffordable for more than 99 percent of the families and individuals eligible for subsidies” in the states with federally-run exchanges. #Health #Conservatives #GOPObstructionism #Propaganda
Posted on: Wed, 03 Dec 2014 10:21:35 +0000
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