OKLAHOMA CITY (AP) — While the U.S. Supreme Court considers a key case related to the Affordable Care Act, officials in Oklahoma have taken little action to prepare for a ruling that could threaten the tax subsidies nearly 90,000 residents are using to purchase health insurance.
The nation's highest court is considering whether low- and moderate-income Americans still can receive federal tax subsidies to offset the cost of health insurance if they live in a state like Oklahoma that did not establish its own online insurance marketplace.
The nonpartisan Kaiser Family Foundation reports about 87,000 low- and moderate-income workers receive an estimated $18 million in federal tax subsidies to help pay for health insurance. The average tax credit is $209.
A ruling in the case is expected by the end of the month.