A Supreme Court Gutting of Obamacare Could Affect Over 8 Million

Huffington Post: “If the U.S. Supreme Court strikes down tax credits for people buying health insurance on the federal exchange, about 8.2 million Americans in 34 states could lose their coverage under the Affordable Care Act. Most of the people likely to be affected are white, employed, and low- to middle-class. They also are concentrated in a single region of the country: the South.”

“Health insurance rates in those states are expected to rise by as much as 35 percent, which may make coverage unaffordable even for those who don’t qualify for tax credits. Some believe that if the tax credits are disallowed by the Supreme Court, the underpinnings of President Barack Obama’s signature health care law would collapse.”

supreme court washington dc

“Even people who don’t qualify for the tax credits would be affected by their disappearance.  Because many of the people who receive the credits are relatively healthy, their departure from the insurance pool would lead to a 35 percent increase in premiums, according to the report.  That increase would make coverage unaffordable for about a quarter of the 4.9 million Americans who bought insurance on the federal exchange without a tax credit.”

FavoriteLoadingSave to Favorites
Read previous post:
Where’s the Best Place to Find a Job?

Gallup: "North Dakota maintained its pre-eminent position in Gallup's annual ranking of state job markets in 2014, with employed North...

Close