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US top court does not act yet on Obamacare subsidies challenge

By Reuters  
   November 04, 2014

The U.S. Supreme Court on Monday took no action on a closely watched case that challenges a key part of the Obamacare healthcare law and could limit the availability of federal health insurance subsidies for millions of Americans. The legal fight concerns whether the subsidies vital to the implantation of the 2010 Affordable Care Act should be available in all 50 states or only in some. The case was brought by conservative challengers to the law who were appealing a July ruling by the 4th U.S. Circuit Court of Appeals that upheld the subsidies. The high court could have announced on Monday whether or not it would hear the case. The next chance for the court to announce if it plans to take it up is Nov. 10.

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