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Barack Obama

Source: (Photo credit SAUL LOEB/AFP/Getty Images) / Getty

The Obama administration has secured a huge victory in the Affordable Care Act, also knows as Obamacare !  In a 6-3 vote the U.S. Supreme Court decided that federal subsidies should be allowed, by law for low income patients in nearly three-dozen states that have yet to set up an insurance exchange.  Chief Justice John Roberts wrote “killing the subsidies in more than three-dozen states would destabilize the health insurance market”.  Roberts concluded “the heart of the law, the individual mandate, was constitutional as a tax” More than six-million people could have lost their health insurance coverage if Obamacare wasn’t upheld.