Supreme Court Says Affordable Care Act Tax Credit Scheme Applies in All 

The Supreme Court, in their decision in King v. Burwell, have concluded that the disputed tax credit scheme of the Affordable Care Act was meant to apply in both state and federal Exchanges. The credits are necessary for the federal Exchanges to function like their state Exchange counterparts.

 

The Court's decision also means that all the compliance requirements related to the ACA's employer shared responsibility and reporting provisions remain in place for 2015 and heading into 2016 [King v. Burwell, No. 14-114 (U.S. Sup. Ct., 6-25-15)]. 

 
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