Supreme Court Rules Health Insurance Subsidies Can Continue in All States

Some 6.4 million Americans in states relying on the healthcare.gov federal insurance exchange will continue to receive subsidies for coverage after the U.S. Supreme Court ruled June 25 that the Affordable Care Act allows such financial support. The law’s supporters applauded the court’s decision. “The ACA’s goals of improving affordability and removing barriers to access for health insurance have been critical in reducing the number of uninsured Americans,” said Jo Ann Jenkins, CEO of AARP. “Importantly, for older Americans, we …

AARP Applauds Supreme Court Ruling on ACA

AARP applauds the U.S. Supreme Court’s King v. Burwell decision today that allows individuals who purchased health insurance through the federal exchange to continue receiving subsidies to help pay premiums. The Affordable Care Act’s (ACA) goals of improving affordability and removing barriers to access for health insurance have been critical in reducing the number of uninsured Americans. Importantly, for older Americans, we have seen a 31 percent drop in the uninsured rate for those ages 50-64. The ACA has benefited …

Poll: If Court Rules Against Obamacare Subsidies, Most Want Them Restored

A new poll finds that most people think Congress or states should act to restore health insurance subsidies if the Supreme Court decides later this year they are not permitted in states where the federal government is running the marketplace. The court in March is set to hear King v. Burwell, a lawsuit arguing that the wording of the Affordable Care Act means that financial assistance with premiums is available in only the 13 states that created and are running …

Faygo Sued for Age Discrimination – by Founder’s Grandson

Detroit-based Faygo, a fixture in the soft drink industry since 1907, is being sued for age discrimination by the grandson of one of the company’s founders. Hugh Rosenthal, 70, says he lost his job as Faygo’s director of marketing two years ago simply because of his age. In a lawsuit filed in U.S. District Court, in which he seeks lost wages and damages, Rosenthal argues that if he’d been younger “he would not have been terminated.” “I took so much pride …

Nursing Home Hit With $3.3 Million Negligence Verdict

Every now and then, a jury reaches deep into a defendant’s pockets to punish it for its reprehensible conduct and to deter others from engaging in similar acts. Such was the case in May, when a Colorado jury awarded 83-year-old James Sharon and his family $3.3 million after finding the nursing home entrusted with his care guilty of negligence. Sharon’s injuries included bedsores, skin tears and abrasions, dehydration, malnutrition, and E. coli and urinary tract infections – all because he …

Debt Collectors Fined, Told to Back Off

Here’s some good news for people hounded by relentless debt collectors and hauled into court. Two of the nation’s biggest debt collection companies have agreed to stop lawsuits against borrowers and drop collections on some $16 million in judgments. In a settlement with New York authorities, Portfolio Recovery Associates, based in Norfolk, Va., and Sherman Financial Group, based in New York, also agreed to pay fines to settle allegations that they violated state law by pursuing borrowers for debts that …