Affordable Care Act Upheld
June 25, 2015
Today, the U.S. Supreme Court upheld the portion of the ACA that permits the IRS to grant tax-credit subsidies to millions of low-income people in 34 states that do not have state-run health insurance exchanges. People who received subsidies on health insurance they applied for through the federal exchange will be allowed to keep them. Implementation of the law will continue as planned.
As such it appears as of now the ACA is the law of the land and employers must prepare for full compliance. Please contact SESCO should you have any questions as relates to compliance to the ACA.