Sweet Vindication for Obamacare as SCOTUS Upholds Subsidies

     It's a great win for the Administration and most of all the American people and all the folks out there-myself included-who are benefiting from ACA. 

    "In a major decision, the U.S. Supreme Court on Thursday ruled in a 6-3 decision that the federal subsidies that help nearly 6.4 million people pay for their Obamacare health plans are legal under the Affordable Care Act."

    "The ruling avoids what many analysts predicted would be a nightmare scenario if the plaintiffs had won: individual plan insurance prices skyrocketing in two-thirds of the United States, and the loss of health coverage for upwards of 8 million people in states served by the federal insurance marketplace HealthCare.gov by next year."

     "The Supreme Court decision, which was written Chief Justice John Roberts, is a huge victory for the administration of President Barack Obama and his landmark health-reform law, which was designed to significantly reduce the number of Americans without health coverage."

     "In its ruling in the case known as King v. Burwell, the high court accepted the administration's argument that the ACA allows federal tax credits to be issued to people who buy health plans through a federally run Obamacare exchange. Joining Roberts in the majority decision were Justices Anthony Kennedy, Ruth Bader Ginsburg, Stephen Breyer, Sonia Sotamayor and Elena Kagan."

     http://www.cnbc.com/id/102737776

     I'm watching MSNBC right now and some happy young citizens are holding up signs that say it all 'ACA is here to stay'

     It also means I won't have to read any more chicken Little the sky is falling articles from Greg Sargent. This one this morning is the last one. 

     http://www.washingtonpost.com/blogs/plum-line/

     In this last post he was warning of what will happen if the subsidies are struck down it would hit the South disproportionately. 

    "Don't get me wrong, I love Sargent but he's such a pessimist. Don't get me wrong I agree it would have been a disaster had it been stricken. But I always thought that Roberts wouldn't let this happen. It would just have been too disruptive. As conservative as he is-and remember he did wreck the Voting Rights Act-he realized that this would be too messy."

   "Plaintiffs had argued that only customers of state-run exchanges can receive such financial help, the Supreme Court found. Just 17 such exchanges that sell insurance plans from private insurers are currently run by a state or the District of Columbia."

    "If the court had ruled for the plaintiffs, it would had effectively created a segregated country in terms of individual health insurance, the coverage people buy outside of their jobs. People in most of the country would have only be able to buy such insurance by paying the full retail price, while in one-third of the U.S. many people will be eligible for financial aid to offset the cost of their coverage."

    That would have been an outcome Republicans the country over would have celebrated. 

     No matter what how conservatives may want to spin it, Obamacare is now even more the law of the land than previously. 

     I'm always happy and proud to be an American-even if only of the naturalized sort as I was born in England. But today I'm particularly happy and proud to be an American.