The U.S. Supreme Court has preserved a fundamental part of the Affordable
Care Act, familiarly dubbed Obamacare, in a decision rendered on June 25, 2015.
At stake was the government's ability to continue health insurance
subsidies in the many states that have not established their own health
exchanges, also known as marketplaces. Challengers of the law argued that
four words, "established by the state," should be interpreted
to mean that only those who purchased insurance from their state marketplaces
would be entitled to tax credits. The government disputed that stance,
maintaining the clear intent of the law was to provide subsidies for all
eligible individuals who sought coverage.
The decision means that individuals who are insured through the exchange
run by the federal government can continue to receive subsidies.
The average subsidy of $272 a month helps policy holders pay their insurance
premiums. "Congress passed the Affordable Care Act to improve health
insurance markets, not to destroy them," Chief Justice John Roberts
wrote in the majority opinion.