Death Blow: Supreme Court To Rule On Affordable Care Act: “Would Utterly Devastate Obamacare”
"The latest case targeting the Affordable Care Act focuses on the subsidies that were supposed to be given to Americans who signed up for the plans, but because numerous states refused to set up their own exchanges the subsidies now fall on the federal government, something that was not authorized under the original legislation and is therefore, according to opponents of Obamacare, illegal.
At issue in this case is the legality of subsidies offered to help millions of low- and middle-income people buy health insurance. Opponents argue that most of the subsidies are illegal.
What’s at stake is that the five million Americans who depend on the subsidies in order to have health care stand to have their full rates re-instituted because their subsidies have been given to them without any legal basis."
