U.S. Judge Blocks Obamacare Rule for Non-Exchange States
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An Oklahoma federal judge dealt a blow to President Barack Obama’s health-care law, invalidating IRS rules aimed at making policies affordable for consumers around the country.
U.S. District Judge Ronald White in Muskogee ruled today that subsidies, in the form of tax credits, apply only to consumers in the 14 states that have set up insurance marketplaces and not to individuals who buy insurance on the federal marketplace, as in Oklahoma. An Internal Revenue Service rule says needy customers in both the federal and state marketplaces are eligible for subsidies.