King v. Burwell ~ Deciding the ACA's Future
Next week (March 2, 2015), the Supreme Court of the United States (SCOTUS) will take up a very important case - King versus Burwell. All politics and rhetoric aside, this case has the potential to virtually upend the Affordable Care Act (ACA), and stakeholders should be informed as to its implications. At the core of the case is whether or not the federal government has the authority to issue subsidies (or tax credits) to otherwise eligible individuals that reside in a state that does not have a "state based health insurance exchange" (emphasis on the word - state). Nearly three years ago, the SCOTUS rendered a decision addressing the constitutionality of the ACA...specifically the individual mandate. This time around, the SCOTUS will be interpreting specific language within the 2,700 pages of the law, and their determination could have a profound impact on the future of health care in America.
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