The Federal Appeals Court in Washington has ruled 2-1 in the Halbig v Sebelius case that it is illegal for subsidies or tax credits to be used to purchase Insurance Coverage from the Federal Exchanges. The law only allows for subsidies from the State exchanges. Obama and the IRS had allowed those subsidies to carry over to the Federal Exchange also known as HeathCare.gov
This is a major blow to the legislation and could now make the law very, very, very expensive and unsustainable as the younger people won't buy coverage as it is too expensive. It is also known that approximately 90% of those signed up with HealthCare.Gov were previously receiving subsidies and credits. That could leave millions out of coverage now.
There are only 14 State Run Exchanges out of the 50 states. That means that the Subsidies and Tax Credits are illegal in 36 of the states.
This is the problem with a law that one party slams down the throat of the American People and then try to fix without consulting with Congress and/or listening to the American People or the other Party. Now we are stuck with a law that has serious flaws and an Administration that thinks they can do anything they want to change that law. They are finding that the courts are holding the Executive Branch more and more accountable to breaking the law and the constitution that we live under.
This whole problem can be laid at the feet of the Obama Administration, Senator Harry Reid, Nancy Pelosi and the Democratic Party. They brought us this mess and refuse to assist in anyway in cleaning it up. "We have to pass the law to see whats in it" - Nancy Pelosi. Now we know!!!!
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