Obamacare tax credits News

Taxes Complicated for Uninsured and Newly-Insured Repaying Subsidies

Many people who went without health insurance last year are now seeing fines more than double under President Barack Obama’s health care law, tax preparation company H&R Block said this week. Among its customers who owe a penalty for the …

Q&A: As Obama Health Law Survives, Republicans Divided Over Next Move

Having lost their latest war against President Barack Obama’s health care overhaul, Republicans must decide how to wage battles that could fan the issue for the 2016 elections. Last month’s Supreme Court decision upholding the statute’s federal subsidies, which help …

Obamacare Tax Subsidy Recipients in Northeast Express Relief

The U.S. Supreme Court on Thursday upheld the tax subsidies for health insureds across the country including those in states without their own health exchanges that use the federal health insurance exchange. The following are some of the reactions from …

Penn. Withdraws Its Healthcare Marketplace Plan After Supreme Court Ruling

Pennsylvania Gov. Tom Wolf’s administration said Thursday that it will withdraw its application to take over some functions of the insurance marketplace created under the 2010 federal health care law now that the U.S. Supreme Court has upheld the law’s …

Supreme Court Upholds Obamacare Tax Subsidies

The U.S. Supreme Court today upheld the tax subsidies for health insureds across the country including those in states without their own health exchanges that use the federal health insurance exchange. In a 6-3 opinion (King v. Burwell) written by …

Supreme Court Considers Taking Obamacare Tax Credit Case

The fate of President Barack Obama’s healthcare law is again in the hands of the U.S. Supreme Court. Two years after upholding the law by a single vote, the justices are weighing whether to hear a Republican-backed appeal that would …

Full Appeals Court to Hear Obamacare Tax Subsidy Case

The full U.S. Court of Appeals in Washington will rehear a case on Obamacare tax subsidies, granting a government request in a move that may reduce chances of a new Supreme Court showdown over a central element of the Affordable …

Obamacare Health Exchange Buyers Can Expect $2,700 in Tax Credits: Report

Tax credits to buy medical coverage next year will average $2,672 per family under President Barack Obama’s health care system overhaul, a benefit that will make the plans more affordable than some critics have predicted. The subsidy should reduce the …