Obamacare’s Survival Hangs on Four Words at High Court
(Bloomberg) -- The fate of Obamacare rests with U.S. Supreme Court. Again.
Three years after the court upheld the Affordable Care Act by a single vote, the justices are poised to consider a new challenge -- an appeal that has turned a routine question of how to interpret the statute into a threat to unravel the landmark 2010 law. The court hears arguments on March 4 and will rule by the end of June.
A decision against the Obama administration would wipe out the tax credits that make insurance affordable for millions of people under the law. It would also leave hospitals with billions of dollars in unpaid bills and potentially cause insurance markets to collapse.
“If the court rules for the challengers, there’s going to be chaos,” said Abbe Gluck, who teaches at Yale Law School and backs the administration in the case.
Below are answers to some pivotal questions about the case and its implications:
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http://www.bloomberg.com/news/articles/2015-03-02/obamacare-s-survival-hangs-on-four-words-at-u-s-high-court-q-a
