The Supreme Court just accepted a case that could destroy Obamacare. Heres Nick Baumann on how the states have a potential work around if that happens: -Erika On Friday, the Supreme Court announced that it would hear King v. Burwell, a case that could gut Obamacare and leave millions of Americans without health insurance. The case hinges on what is essentially a typo in the Affordable Care Act, a mistake that conservatives claim invalidates most of the subsidies the bill provides to help people buy insurance. If the justices buy the conservatives argument—and theres reason to think they might—residents of the 34 states that provide health insurance via the federal governments Healthcare.gov, rather than through a state-run exchange, could lose their subsidies. Many people would be unable to afford to buy insurance (as the ACA requires), and the whole system could collapse. Heres the good news: There may be a workaround. But theres also bad news: The solution requires the cooperation of Republican governors and legislators.
Posted on: Tue, 11 Nov 2014 19:00:01 +0000
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