Federal courts issue conflicting ACA rulings
Posted On: 7-24-2014 | Posted By: WK Staff
On Tuesday, July 22, the D.C. Circuit Court of Appeals issued a ruling declaring the health care premium subsidies for enrollees on the federal exchanges to be invalid, citing language in the Affordable Care Act that specifies subsidies are only to be paid under state exchanges. Only hours later, a district court in Virginia ruled the opposite in a separate, but similar, case.
The conflicting decisions mean the subsidy issue will almost certainly end up at the Supreme Court. Until the matter is settled, the rulings will not have an impact on the status of the ACA and employers should continue to take steps to comply with the ACA’s technical and reporting requirements.
For more information on these rulings, read the articles below, and stay tuned to WK’s ACA resource page for updates. You may also contact Debra Mathes, CPA, or Mark Gingrich, CPA, J.D. for assistance.