Two US appeals courts have given conflicting rulings regarding a federal regulation implementing key subsidies of President Barack Obama’s signature healthcare law.
The subsidies provide cash help to low and middle income earners buying health insurance on federal exchanges.
The rulings are the latest in a series of legal challenges to key planks of President Obama’s health care law.
The decisions are open to appeal, so nothing will change immediately.
“Our ruling will likely have significant consequences both for millions of individuals receiving tax credits through federal exchanges and for health insurance markets more broadly,” Senior Circuit Judge Raymond Randolph wrote in his majority opinion ruling against the Obama administration’s position.
