King v. Burwell will not threaten the legacy of President Barack Obama after all. Nor will it add further uncertainty and chaos to the already burdensome task of bringing employer health plans into compliance with the Patient Protection and Affordable Care Act.
In a 6-3 ruling, the U.S. Supreme Court upheld PPACA's health insurance premium subsidies, thus preserving affordable coverage for millions of Americans.
Employers, whether they personally supported the subsidies or not, won't have to tread water while the subsidy system is replaced as a result of the ruling.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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.