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Supreme Court decision on health care is just around the corner

Most people don't typically follow court cases at the lower level. After all, what are the chances an outcome in these cases would have an effect on a vast majority of residents in any given state? But as you can imagine, this sentiment changes when a case makes its way all the way up to the U.S. Supreme Court. That's because decisions at this level can have a sweeping impact, forcing many people to pay attention to what the court has to say.

Such is the case right now for King v. Burwell, a case few here in Florida have probably heard of but one that will have an incredible impact on residents all over the country. That's because the case presents a note worthy issue that, depending on the court's decision, could leave roughly 13 million people without health insurance assistance.

The issue at hand stems from a "sloppy error made during the drafting process," CNN reports, which allows for a literal interpretation of President Obama's Affordable Care Act. This interpretation does not allow the government to provide subsidies to residents in states that have not set up health exchange programs. This includes 34 states and creates a major problem for both Democrats and Republicans alike.

If the Supreme Court agrees with this interpretation and rules in favor of the plaintiffs, then millions of Americans in a large number of states would lose the federal assistance that is helping them pay for health insurance at this time. Some theorize that this may cause younger healthy individuals to drop insurance coverage, which would cause prices to sky rocket for those still covered, which may include a large portion of elderly individuals.

Expected at the end of June, the Supreme Court's decision will be an impactful one, which is why many Americans are waiting at this time with bated breath.

Source: The Huffington Post, "'Ugly' Potential Fallout From Supreme Court Health Care Case," The Associated Press, May 25, 2015

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