January 30, 2015
King v. Burwell Could Undo Health Care Coverage, Cost Taxpayers $340 Billion
The U.S. Supreme Court plans to hear King v. Burwell in March, and the decision will determine whether the wording of the Affordable Care Act (ACA) means people can only get tax credits to lower their health premiums if they live in one of the states running its own insurance exchange. In this case, opponents of the law claim that tax credits should not be available for health plans sold through a marketplace—or “exchange”—run by the federal government via the HealthCare.gov website. If the court strikes down this portion of the ACA, over 8 million Americans will lose their insurance coverage and insurance costs will likely increase by over 35%. The Congressional Budget Office also predicts that any congressional solution to the ACA’s removal would cost taxpayers an additional $340 billion over the next ten years. As a result, it is nearly impossible that Congress would fund legislation that could give the same level of coverage that the ACA currently provides.
“It is highly unlikely that Congressional Republicans would support any other plan for long-term health care reform that would result in substantive and easily accessible coverage,” said Ruben Burks, Secretary-Treasurer of the Alliance. More from the Center for American Progress is at