DAYTON, Ohio (WDTN) – The U.S. Supreme Court has ruled that whether you buy insurance from a federal exchange or a state exchange you can receive healthcare subsidies.The subsidies are tax-funded money.
They help lower the amount paid on premiums or even out of pocket costs. Those who challenged the Affordable Care Act (ACA), better known as Obamacare, believe subsidies should only be available through state exchanges.
For about 6 million Americans who bought their insurance through Healthcare.gov, the ruling means they can keep their subsidies.
“It’s good news for those 160,000 Ohioans who will keep their health insurance,” Sen. Sharrod Brown (D, Ohio) said. “I can’t imagine what would have happened if the court had taken away that many families health insurance. It means– it’s good for our a state, it’s good for those families. I’m thrilled with the decision.”
But Republican leaders disagree. And House Leader John Boehner (R, OH District 8) vows to work to reduce the federal government’s role in healthcare.
“The problem with Obamacare is still fundamentally the same. The law is broken. It’s raising costs for American families. It’s raising costs for small businesses and it’s just fundamentally broken,” the House Speaker said.
Chief Justice John Roberts wrote the majority opinion. He wrote, “Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them.”
And now, the ruling will uphold that law and millions of Americans will keep their coverage.
Yet while Thursday may be seen as a victory for some, there still could be challenges to this law.
Congress has already voted to repeal the law more than 50 times. And legislators are expected to try to repeal again.