King v. Burwell Ruling
The decision was revealed this morning by the Supreme Court that they have ruled in favor of the government in King v. Burwell. This 6-3 ruling paves the way for the ACA to stay in its current form and the current administration must be very relieved. We know now that the subsidies will be upheld that were issued by the federal exchange on behalf of states that did not create their own exchanges.
Practically speaking, staffing companies that are offering Minimum Essential Coverage only need to think about their “b” penalty exposure with this decision behind us. I would love to hear other thoughts from the community about other considerations that this decision brings to light.