Eshoo Hails Supreme Court Ruling on Legality of Affordable Care Act Tax Credits

Statement

"This is yet another landmark victory for millions of Americans who have been able to obtain health insurance under the Affordable Care Act. The Court has now ruled that the law is not only constitutional, but that it's legal for Americans in states using the HealthCare.gov exchange to continue to benefit from federal tax credits to help pay for health insurance.

"More than 16 million Americans have gained health insurance coverage since the Affordable Care Act became law, and the nation's rate of uninsured is at the lowest level ever. Coverage is affordable, with 85 percent of enrollees claiming tax credits. Consumers are enjoying greater competition and choice, Medicaid expansion is helping millions of low-income Americans obtain care, and young adults are getting covered.

"Today's decision further affirms the Affordable Care Act will remain woven into the fabric of America's health care system."

Source