(Bloomberg) — President Barack Obama said the Supreme Court probably shouldn't have accepted a lawsuit challenging Obamacare's health insurance subsidies, calling it an "easy case."
"Frankly it probably shouldn't have even been taken up," Obama said today at a news conference at the Group of Seven summit in Germany.
The suit, King v. Burwell, challenges the availability of tax credits that discount the cost of insurance in at least 34 states using the federal healthcare.gov system. Opponents of the law say that it only allows subsidies in states that run their own insurance marketplaces, called exchanges.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
