Appeals Court Rules 34 States Not Eligible For Federal Subsidies

Tuesday, July 22, 2014

The 2-1 ruling by a three-judge panel of the U.S. Court of Appeals has thrown out an IRS regulation that implements key subsidies for the ACA.  The court ruled that the law was clearly written to allow subsidies for only state run exchanges and the law does not permit subsidies for the federal exchange.  With more appeals expected, could this ruling be the straw that breaks the camel's back?