On Thursday, June 25, the Supreme Court handed down one of its most momentous decisions for employers in years. In simple terms, "Burwell" (Obamacare) won, and "King" (the plaintiffs) lost.

In a case that has grabbed national attention since arguments were made in front of the Court in March, the Supreme Court has rules that the Affordable Care Act may provide nationwide tax subsidies designed to help poor and middle-class people purchase health insurance.

The ruling was six in favor of "Burwell," three in favor of "King." In writing the majority opinion, Chief Justice John G. Roberts, Jr., wrote that the words in question "an exchange established by the state" must be understood as part of a larger statutory plan. "In this instance, the context and structure of the act compels us to depart from what would otherwise be the most natural reading of the pertinent statutory phrase."