Monday, March 9, 2015

Obamacare Could Fail From Four Small Word's "Established by the State"

 Obamacare can fail from four small words - "established by the state."

How we could come to this point is really quite unbelievable but here is the crux of the problem. The tax-credit subsidiaries which were offered under the health care law would only be applied to the 16 states that have their own exchanges.

All that is needed is for a majority of the justices to agree that based on these four words found by a lawyer Thomas M Cristina in Greenville, South Carolina that the states not having the exchanges have no foundation to stand on and Obamacare would go into a death spiral.

According to the Obama administration there would be no plans to save Obamacare once the justices reached their conclusion and over 6 million people would loose there health insurance.

The decision will not be know until further in the spring or early summer.

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