WASHINGTON (AP) — A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing subsidies for many low- and middle-income people who have bought policies. If upheld, the decision could mean premium increases for more than half of the 8 million Americans who purchased taxpayer-subsidized insurance under the law. It affects consumers who purchased their coverage through the federal insurance marketplace — or exchange— that serves 36 states. A three-judge panel in Washington ruled 2-1 that the law, as written, only allows insurance subsidies in states that have set up their own exchanges.Read more on NewsOK.com
Federal Appeals Court Deals Blow To Health Law
NewsOK.com RSS - business, Daily Oklahoman: Business
Tue, 07/22/2014 - 7:43am
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- Net neutrality is struck, ending a long battle to regulate ISPs like public utilities
A federal appeals court struck down the Federal Communications ... safe and reliable internet for all. The decision deals a blow to the Biden Administration, which prioritized implementing net ...
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