"In a nutshell, there’s a line buried deep in the statutory text that
says federal subsidies for insurance premiums will be available to
anyone who buys a plan on “an Exchange established by the State.”
Question: Does Healthcare.gov, the exchange built by the federal
government after 34 states refused to build their own exchanges,
qualify as an “Exchange established by the State”? Or do only state
exchanges qualify?"
[Hot Air]
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