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Obamacare Subsidies Survive Supreme Court Challenge

A key provision of the Affordable Care Act (ACA), also known as Obamacare, allowing 6.4 million Americans to receive health insurance subsidies to purchase health insurance, was upheld by the Supreme Court. Chief Justice John Roberts wrote the 6-3 decision ensuring consumers who purchased health insurance in the 34 state exchanges will continue to receive subsidies for doing so. Roberts argued a ruling against the Obamacare state exchanges would plunge the health insurance markets of those...

Medicaid Set to Overwhelm New Mexico’s Budget

New Mexico is one of 28 states that expanded Medicaid coverage for impoverished adults as part of the implementation of Obamacare, resulting in more than 216,000 people joining the state’s Medicaid roster and pushing the total to nearly 800,000 enrollees. Combined with a loss of federal funds used to pay for the expansion in 2016, the state will face a serious budget crunch, the Associated Press reports. The federal government currently pays 100 percent of the cost of the expansion, but that...

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