As we report below the US Supreme Court has decided to hear another legal challenge to the Affordable Care Act.
You can read the details of the lawsuit in our earlier post, but some context is important. This new fight focuses on subsidies extended to individuals and families earning less than 400 percent of the federal poverty level who purchase private insurance. For these families subsidies are available to make insurance plans more affordable. In North Carolina about 91 percent of people purchasing Affordable Care Act plans received subsidies. Of those, the average cost of insurance is $81 per month.
News coverage of the Supreme Court’s move, coming just before open enrollment is set to start, is sure to cause confusion. In the short term it is critical to remember that the subsidies are still in place and everyone should proceed to shop for insurance without worrying about the political winds.
In the long term it is difficult to know what this case will mean for the law. The challenge is absurd, but that doesn’t give us any hint at how the Supreme Court Justices will vote. Read More