Supreme Court rules 6-3 to save Obamacare subsidies

MARKET PULSE


Published: June 25, 2015 10:17 a.m. ET



By
RUSSBRITT
LOS ANGELES BUREAU CHIEF



The U.S. Supreme Court ruled Thursday to save subsidies for as many as 8 million people under the Affordable Care Act. In the case of King v. Burwell, justices determined that the subsidies should be available in states that don't have their own exchanges. The court determined that the broader context of the ACA allows subsidies to all those under the Obamacare program. Justices voted 6-3 in favor of upholding the subsidies with Chief Justice John Roberts and swing vote Justice Anthony Kennedy joining the majority.


Read the full story: Full text of Supreme Court’s ruling on King vs. Burwell
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