The Competitive Enterprise Institute, a public policy group that advocates for free markets and limited government, said Thursday its attorneys have petitioned the Supreme Court to review an appeals court ruling last week that upheld an Internal Revenue Service regulation allowing premium tax credits for health insurance purchased on a federal exchange.
The ruling last week came only hours after another federal appeals court said the IRS lacked the authority under the Affordable Care Act to provide tax credits to subsidize health insurance purchased through a federal exchange such as HealthCare.gov, but only for coverage acquired on state-run exchanges (see Obamacare Suffers Blow as Court Bars Federal Exchange U.S. Aid and Employers Won’t Feel Immediate Sting from Federal Court ACA Subsidy Ruling).
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