Tuesday, July 22, 2014

Dr. Lexus-Care

Sorting through the mess of court decisions today.  The relevant part that I gather :

The first decision came Tuesday morning from a three-judge panel of the U.S. Court of Appeals for the District of Columbia. The panel, in a major blow to the law, ruled 2-1 that the IRS went too far in extending subsidies to those who buy insurance through the federally run exchange, known as HealthCare.gov.

A separate federal appeals court -- the Fourth Circuit Court of Appeals -- hours later issued its own ruling on a similar case that upheld the subsidies in their entirety.

The conflicting rulings would typically fast-track the matter to the Supreme Court.  However, it is likely that the administration will ask the D.C. appeals court to first convene all 11 judges to re-hear that case.

http://www.foxnews.com/politics/2014/07/22/federal-appeals-court-invalidates-some-obamacare-subsidies-in-blow-to-health/

I guess that means we will have to wait and see...