Boston Herald Kimberly Atkins column
| By Kimberly Atkins, Boston Herald | |
| McClatchy-Tribune Information Services |
"The court's ruling means that people receiving subsidies ... will have to dig deeper into their own pockets to pay the full cost of their insurance, or taxes will have to be raised on all of us to make up the difference," Brown said in a statement.
Shaheen countered in a statement: "Other federal appellate courts have come to a different conclusion than this court. The law was designed to make subsidies available for people to purchase health insurance, regardless of whether that was through a state or federal exchange, and I am confident that will be the ultimate conclusion. For now, people should be assured that nothing has changed with their premium tax credits; they continue to be available and will be in the foreseeable future."
Republicans have long argued the law is an overreaching and poorly crafted measure pushed through by Democratic lawmakers, but the issue had lost resonance on the midterm campaign trail after technical glitches with the Obamacare website were fixed and more people signed up through federal and state exchanges.
Yesterday's split decisions by appellate courts in D.C. and
But within hours, the
New Hampshire Democratic Chairman
The rulings, each by three-judge panels, were stayed as the losing parties decide whether to go to full appellate panels or seek direct appeal to the
"Politically, in the short term, the ruling (by the D.C. Circuit) favors Republicans" in the midterms, said
But Blendon said in gubernatorial races in non-exchange states, it could boost Democratic candidates pushing for the establishment of state exchanges.
___
(c)2014 the Boston Herald
Visit the Boston Herald at www.bostonherald.com
Distributed by MCT Information Services
| Wordcount: | 527 |


First American Trust Names Mark Monaco as VP, Wealth Management; Keegan Burke as VP, Wealth Management Advisor
Lawsuit: Inflatable sumo wrestling led to brain injury at Miami-Dade charter school
Advisor News
- Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
- Why client insurance needs could change even if their life doesn’t
- Most Gen Z investors think less than a year ahead when making financial decisions
- IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
- Help child-free clients plan for their later years
More Advisor NewsAnnuity News
- Ty J. Young Wealth Management Acquires Senior Insurance Services, Expanding Its Growing Annuity Firm: Ty J. Young Wealth Management
- Guidance, bulletin or reg? NAIC debates form of annuity illustration update
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
More Annuity NewsHealth/Employee Benefits News
Life Insurance News