Obamacare subsidies may not be available to some customers after a federal appellate court redefined the federal government's role in doling out these tax credits.
A three-judge panel of the D.C. Circuit Court of Appeals ruled 2-1 Tuesday in Halbig v. Burwell that when the Affordable Care Act authorized the federal government to give subsidies, it only allowed those credits to go to customers who purchased insurance via a state-run insurance exchange. CBS News reports that 36 states rely on "federally-run Obamacare marketplaces," which may be denied subsidies under this new ruling.
What should consumers know about this Obamacare decision?