The U.S. Supreme Court by a 6-3 majority decided in King v. Burwell that the Internal Revenue Service did not exceed authority granted by Congress when it adopted a rule that makes Affordable Care Act premium subsidies available in states that operate federally facilitated exchanges.
For the health insurance marketplace and the millions of businesses and individuals in it, the decision is, as Chief Justice John Roberts wrote, the avoidance of a calamity that Congress did not intend to precipitate through its use of ambiguous language developed in a hurry, behind closed doors.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]