Bloomberg Interviews Ario on Effects of King v. Burwell

Supreme Court Ruling Against Obamacare May Force State Action
– Bloomberg

Bloomberg interviewed Manatt's Joel Ario, a managing director with Manatt Health, for an article on how a Supreme Court decision to stop Obamacare subsidies would affect the states that are not running their own exchanges.

Bloomberg reports that the court will hear arguments in a case challenging insurance-premium subsidies in states that didn't build marketplaces under the Affordable Care Act. A ruling invalidating subsides would dramatically raise insurance premiums for an estimated 7.5 million Americans. Governors and legislatures would be the most equipped to solve the problem. If the Obama administration simplifies its rules for state-run exchanges, states might be allowed to pass legislation or issue an executive order declaring that they have established their own insurance marketplace and that the healthcare.gov system runs it for them.

"HHS has control of that," said Ario. "This case is not going to decide who's a state exchange and who's a federal exchange."

Read the article here

manatt-black

ATTORNEY ADVERTISING

pursuant to New York DR 2-101(f)

© 2024 Manatt, Phelps & Phillips, LLP.

All rights reserved