Obama Health Care Law Survives Supreme Court Ruling
The Supreme Court upheld President Obama’s health care overhaul in a 6 3 decision, preserving federal financial aid for premiums across states and marking a second major victory for his administration in three years. Obama framed the outcome as health care in America, while Republicans pledge ongoing efforts to repeal it.
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Supreme Court keeps subsidies for 154K in South Carolina
The 6 3 ruling preserves federal subsidies for more than 154000 South Carolinians on health plans through the federal exchange. The decision rejects the argument that subsidies depended on state run exchanges and could prompt lawmakers to expand Medicaid for poorer adults.
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Hospital stocks surge after health care ruling
AP notes investors in hospital operators HCA Holdings and Tenet Healthcare rising as Supreme Court upholds key ACA provisions and preserves tax credits aiding uninsured Americans. Health insurers gain modestly amid clarity on subsidies, easing fears of mass uninsured demand. experts warn on subsidies cuts to hospitals.
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