Some 6.4 million Americans in states relying on the healthcare.gov federal insurance exchange will continue to receive subsidies for coverage after the U.S. Supreme Court ruled June 25 that the Affordable Care Act allows such financial support.
The law’s supporters applauded the court’s decision. “The ACA’s goals of improving affordability and removing barriers to access for health insurance have been critical in reducing the number of uninsured Americans,” said Jo Ann Jenkins, CEO of AARP. “Importantly, for older Americans, we have seen a 31 percent drop in the uninsured rate for those ages 50-64.” AARP, along with the National Health Law Program, filed an amicus brief supporting the availability of the subsidies in all marketplaces. Read the full article here. »