Attorneys React To Supreme Court's ACA Save
Lorie Maring was quoted in Law360 on June 25, 2015. The article “Attorneys React To Supreme Court's ACA Save” examined the U.S. Supreme Court's recent ruling that consumer subsidies can continue flowing through all of the Affordable Care Act’s health insurance marketplaces, protecting tax credits distributed to nearly 6.5 million consumers on 34 federally established exchanges.
Lorie was quoted on the significance of this decision.
“What is the message for employers from today’s decision in King v. Burwell? It’s time to get serious about the ACA. The Supreme Court struck down the strongest judicial challenge to the ACA to date and with legislative changes extremely unlikely, employers need to invest time and resources in ensuring compliance with the ACA’s many employer obligations. In addition to the pay or play penalty, the ACA imposes significant reporting requirements beginning in 2015. Employers waiting to invest in ACA compliance to see how the Supreme Court ruled are likely unprepared and at risk for penalties.”
To read the full article, please visit Law360.