Critics might have found a loophole in the health care law worth challenging—the insurance exchanges. Beginning 2014, Americans can get subsidies to help pay for insurance purchased through exchanges. The issue is whether the subsidies will be available in exchanges set up and run by the federal government in states that fail or refuse to establish their own exchanges. Supporters say Congress may have made a drafting error, but that its intent is clear: subsidies should be available in federal and state exchanges. “There is no coherent policy reason why Congress would have refused premium tax credits to the citizens of the states that end up with a federal exchange,” said Timothy S. Jost, a health law expert at Washington and Lee University. The Obama administration issued a rule that allows tax credits for insurance bought in either a state or a federal exchange.
Critics of health care law prepare to battle over insurance exchange subsidies (New York Times)
By Staff Writer
July 10, 2012 • Reprints
Related Articles
Comments
Special Features
2013 Outlook As we move into a transition year, check out LifeHealthPro's conjectures for the life, annuities, health and disability markets.
100 Best Sales & Marketing Ideas Whether you want ideas for referrals, generating leads or just listening to your clients better, we have the sales and marketing tips you need.
The Complete ELNY Saga For more than two decades, the Executive Life Insurance Company of New York (ELNY) has been bled for billions of dollars while languishing in a state-imposed purgatory.
Life Insurance A-Z This alphabetical-themed infographic will help your clients feel more comfortable discussing life insurance protection concepts.
2012 Advisor of the Year Through a very thorough nomination process we look to find a top producer who is a true cornerstone of a community.
Senior Survey 2011 In this special section, find out how seniors build their nest egg, make an estate plan, finance their health care and where they live.
eNewsletter Sign Up
You are signed up! See the entire list of LifeHealthPro eNewsletters.

