Court Saves Obamacare's Bacon
Court votes 6-3 to save all subsidies and coins a new buzzword: SCOTUScare
WASHINGTON -- The Supreme Court ruled 6-3 Thursday that people who buy insurance through the Affordable Care Act's (ACA's) federally run insurance exchange can continue to receive subsidies to help pay their premiums.
"Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them," the majority concluded. "If at all possible we must interpret the Act in a way that is consistent with the former, and avoids the latter. Section 36B can fairly be read consistent with what we see as Congress's plan, and that is the reading we adopt."
The decision means that 6 to 9 million Americans, whose subsidies were at risk, can trust that their premiums will not spike dramatically. Chief Justice John Roberts, along with justices Anthony Kennedy,Ruth Bader Ginsburg, Stephen Breyer, Sonia...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin