Who woulda thunk that a SCOTUS decision would have a direct and devastating impact on my income.
https://www.americanprogress.org/issues/healthcare/report/2015/01/29/105591/king-v-burwell/
https://www.americanprogress.org/issues/healthcare/report/2015/01/29/105591/king-v-burwell/
- A ruling in June would be only months before open enrollment for 2016 begins in October, leaving little time for states to act.
- Of the states that would lose tax credits, only eight have legislative sessions that extend beyond June. Because states need to have the legal authority to set up a marketplace—and because most governors do not have the statutory authority to act on their own—state legislatures would need to act.
- Of the states that would lose tax credits, only Delaware is led by a Democratic governor and legislature. Due to entrenched Republican resistance to the Affordable Care Act, it would be unrealistic to expect many other states to act.
- Nearly two dozen states chose not to expand their Medicaid programs. It would be unrealistic to expect a significantly different result with respect to the Affordable Care Act's other main coverage program.
- According to the consulting firm Leavitt Partners, it would cost a state $40 million to $60 million to build a marketplace, which would take as long as 18 months.
- Federal funding for states to set up marketplaces has already expired. States that are already strapped for cash would have to provide their own funding to start up a marketplace.
