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The United States’ Supreme Court on Thursday upheld the disputed Affordable Care Act, a citizen’s based healthcare financing option that proposes to subsidise health insurance for the American people.
Popularly called Obamacare, after President Barack Obama, the Act has been a subject of huge global debates. The opponents have argued that it was unconstitutional for the federal government to subsidise health insurance.
This would be a major legacy-building victory for Obama’s administration, which sees it as a landmark health care reform intended to benefit majority of Americans.
By a margin of six to three, the judges ruled in favour of allowing U.S. federal government to subsidise health insurance by giving tax credits to consumers nationwide.
More than six million Americans who signed up for policies through exchanges set up in states that did not set up their own could have lost their coverage, if the judges had ruled otherwise.
“This is a victory for common sense and for all American families,” declared Nancy Pelosi, leader of the Democratic minority in the House of Representatives.
“It is long past time for Republicans to abandon their assault on the newfound health security that the Affordable Care Act is providing millions and millions of Americans across the country,” Pelosi.
Meanwhile, the Republicans are resolute on upturning this verdict.
In this regards, the party’s number two leader in the senate, Senator John Cornyn, said, “Republicans will continue to fight tooth and nail to repeal this oppressive law.
“Today’s decision doesn’t change the fact that Obamacare has been a disaster for the millions of hardworking American families who have seen their health care costs skyrocket or lost their insurance entirely.”
In a reaction to this, Obama said the health care law is here to stay.
The post Obama’s Healthcare Subsidy Stays, US Supreme Court Rules appeared first on Daily Independent, Nigerian Newspaper.