Inter-agencies Disagreement on Tax Credit

According to the IRS (Internal Revenue Service), almost $11 billion in the Advance Premium Tax Credits (APTC) was paid to insurers in Fiscal Year 2014. The Affordable Care Act (ACA) created the new refundable tax credit (at the center of a legal challenge to be decided by the Supreme Court this month). The actual amount of the PTC that taxpayers are entitled to receive is based on their actual income and family size reported on their annual tax return, which can be different from the estimates used by the Exchange to determine the allowable APTC, reveals an audit. 

Subsidies for ACA Might Be Saved

(PR) - Today’s D.C. Circuit Court of Appeals Order to Rehear En Banc the Halbig v. Burwell Case Has Enormous Significance. Rehearing Provides Temporary Protection for Millions of People Who Receive Health Insurance Premium Subsidies and Reduces Likelihood of Supreme Court Review.

Obamacare on Life Support

"Nothing in our opinion precludes Congress from offering funds under the ACA to expand the availability of health care, and requiring that states accepting such funds comply with the conditions on their use. What Congress is not free to do is to penalize States that choose not to participate in that new program by taking away their existing Medicaid funding." US Supreme Court, 5 to 4, ruling on the Affordable Care Act.

Striking Down "Obamacare"

(Washington, D.C.)  Congressman Paul Broun, M.D. (GA-10) released a statement after filing an amicus brief in conjunction with the American Center for Law and Justice (ACLJ) which argued that the Court of Appeals for the Eleventh Circuit "was correct in striking down the individual mandate portion of Obamacare, but that it also should have declared the entire Affordable Care Act (ACA) unconstitutional."