"The high court will decide in King v. Burwell the definition of the words “established by the state,” written into the Patient Protection and Affordable Care Act, better known as Obamacare, which became law in 2010.
The plaintiffs contend the legislative language clearly means that tax subsidies to buy health insurance can only be available to states that established their own health exchanges. That leaves out 37 states that didn’t set up an Obamcare marketplace, and millions who would no longer qualify for subsidies. The Obama administration argues the language broadly meant all exchanges were eligible for federal tax subsidies.
Earnest is not optimistic about congressional action."
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