• U.S. Supreme Court Issues Two Landmark Decisions
  • July 10, 2015 | Author: Katherine A. Hesse
  • Law Firm: Murphy, Hesse, Toomey & Lehane, LLP - Quincy Office
  • The ACA also requires all states to have government-regulated health insurance marketplaces, called “exchanges,” but allows the states either to create their own exchanges or to rely on the federal government to run exchanges for them. Thirty-four states currently utilize this federal option, with sixteen running their own exchanges. The Act’s statutory language provides that tax credits are available where the individual enrolled in the health plan through an exchange “established by the State.” It is these last four words which were the subject of the case.