Obamacare has been saved yet again by the Supreme Court. The Supreme Court ruled 6-3 Thursday that the subsidies under the Patient Protection and Affordable Care Act will stay. The ruling upholds a major tenet of the health care law enabling millions of Americans to keep the tax subsidies that help them buy and afford health coverage under the law.
PPACA continues to cut into the number of Americans who don’t have health insurance. A new Gallup survey reports the percentage of uninsured Americans fell under 12 percent in the first quarter of 2015. That’s the lowest since Gallup began following the trend in 2008. At its peak, the Gallup surveys showed, the uninsured topped out at 18 percent in 2013. The rate has tumbled since then, cascading from 17.1 percent in 1Q14 to 11.9 percent in 1Q15.
Bloomberg) — About 11.4 million people signed up for Obamacare or renewed their coverage for 2015, raising the possibility that enrollment may surpass the administration’s goal in the second year of the program.