July 30, 2014 News

Dueling Rulings on Obamacare Subsidies

Another challenge to the Affordable Care Act has transpired as two appeals courts issued dueling rulings on the use of government subsidies on the federal health exchange. While the courts work out the details, it’s important for consumers to understand them in simpler terms.

For starters, a subsidy is financial assistance that lowers the amount of your monthly premium. An exchange is an online marketplace where individuals and small businesses can compare and purchase health insurance.

At issue in the courts is whether individuals who purchase coverage on the federal exchange can receive government subsidies. It’s important to know that New York state’s exchange, the NY State of Health, and how it operates should not be affected.

The contradictory rulings, which came just hours apart, will likely take months (if not longer) to resolve. In the meantime, it is our goal at CDPHP® is to ensure quality coverage for our current and future members.

 

Bob Hinckley
About Author

Bob Hinckley joined CDPHP in 2006. He was appointed senior vice president of government and external relations, and was promoted to senior vice president of strategy and communications, and chief strategy officer in 2013. Prior to CDPHP, Hinckley worked for New York State Department of Health as director of public affairs, then deputy commissioner for operations. Shortly after, Bob served as senior deputy secretary of health and human services under New York State Governor, George E. Pataki. Hinckley is chairman of the NYS Health Plan Association board of directors, and formerly served as vice chair of the Commission on Healthcare Facilities in the 21st Century. Bob earned a bachelor’s degree in political science from Colgate University.

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