Federal Appeals Court Rules Against Billions of Dollars in Healthcare Subsidies for Affordable Care Act
Jul 22, 2014 12:10 PM EDT
In what may be the lethal blow to Obamacare, a three-judge panel at the U.S. federal appeals court has ruled that the Affordable Care Act cannot dole out subsidies in federal insurance exchanges for 36 states, and customers in those states must pay full out-of-pocket expenses for their healthcare.
