What you need to know about your tax credits and the Supreme Court case, King v. Burwell
On June 25, the United States Supreme Court issued a decision in the King v. Burwell case. This case questioned whether the language of the Affordable Care Act allows consumers to receive premium tax credits (subsidies) in states – including Michigan – that use the federally facilitated Marketplace. A 6-3 ruling in favor of Burwell means that subsidies will continue to be available to consumers in states served by the federal Marketplace.
We are pleased that our HAP Personal Alliance members who currently receive premium and cost-sharing subsidies from the federal government will continue to be able to afford their monthly premium and that there will be no disruption to their coverage.