Americans are confused on how to prepare for the ruling in the King v. Burwell case. As many prepare for the loss of subsidies, state lawmakers indicate how they may respond to the impending decision:
Here are 10 things to note:
1. The Supreme Court will issue its ruling later this month that will decide whether healthcare consumers who obtain insurance through certain exchanges will stop receiving subsidies.
2. Many state governors have indicated how they will potentially respond if subsidies are lost.
3. Governors from Alabama and Georgia claim they will not create an exchange.
4 The governor of Florida says Florida would wait for a federal fix.
5. It is estimated that low and middle income Americans will lose an average of $272 each month.
6. Without the subsidies, the out-of-pocket premium for Americans increases 255 percent this year alone.
7. This cost would force many Americans to drop coverage. This would undo the work of healthcare law that worked to reduce the number of uninsured Americans.
8. According to the Urban Institute, 6.3 million of Americans would become uninsured if subsidies are ruled unconstitutional.
9 The health insurance market would diminish by 69 percent or 9.8 million people by next year.
10. If subsidies are declared unconstitutional, the judge would allow for a transition period while allowing Congress ample time to devise a legislative solution.
For more articles on the King v. Burwell case:
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