Posted on 03/04/2015 11:12:09 AM PST by Sean_Anthony
Make insurance more affordable by ending Washington mandates and giving choice back to the states, individuals and families. Support Americans in purchasing the coverage of their choosing
On Wednesday, March 4, the Supreme Court will hear the King v. Burwell case. It is likely to deliver a death blow to ObamaCare when the decision is announced in a few months. About the only good thing ObamaCare demonstrated is that the federal government should be kept from taking over sectors of the nations economy that are working just fine without it.
Health care expert Edmund Haislmaier and legal expert, both of The Heritage Foundation, provided an explanation of the case. The question before the Supreme Court is whether the Obama administration overstepped its authority in issuing an IRS ruling that conflicts with the ObamaCare statute. The statute allows payment of ObamaCare subsidies only to individuals who obtain coverage through an Exchange established by (a) State.
ObamaCare got such a cold reception nationwide that 34 States refused to set up an exchange, forcing the feds to do it. Those exchanges distributed subsidies to individuals participating in them, but the ObamaCare statute seemingly did not authorize subsidies in such cases. Suffice to say that ObamaCare health insurance is considerably more costly than what one could have previously purchased on ones own; thus the need for the subsidies gambit.
(Excerpt) Read more at canadafreepress.com ...
I hear ya. Remember when first getting my castastophic policy I thought - “Boy, I hope nothing major happens or I’ll have to shell out $7,000.”
Now I get to pay four times as much per month (more than my house payment!!), and the deductible is ten frickkin grand!
More than likely the SCOTUS will uphold the Obamacare subsidies and it will lurch on until it folds under its own weight and even the Dems will have to help kill it off.
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I think it is a tossup.
It looks like Justice Roberts and Justice Kennedy will be the votes deciding whether Obama wins or loses.
Sadly, from what I have heard and read about the oral arguments, it looks like Roberts and Kennedy are leaning in Obama's favor.
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