King v. Burwell: U.S. Court of Appeals, Fourth Circuit Decision
In a 3-0 ruling on July 22, 2014, the U.S. Court of Appeals for the Fourth Circuit in Richmond, Va., ruled in King v. Burwell that the Affordable Care Act’s tax subsidies may be provided in the 36 “refusenik” states that opted-out of setting up Obamacare insurance exchanges.
Hours earlier, the DC Circuit Court of Appeals came to the opposite conclusion in Halbig v. Burwell and struck down the IRS rule that extended Obamacare’s insurance subsidies to all states, regardless of whether they had chosen to set up their own insurance exchanges or not.