Virginia residents challenged an Internal Revenue Service final rule implementing a premium tax credit provision, section 36B of the Patient Protection and Affordable Care Act, which authorized tax credits not only for purchases of state-established health insurance exchanges, but also purchases on exchanges established by the federal government if States did not establish exchanges. The United States Supreme Court upheld the Affordable Care Act’s tax provision, stating: “Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them. If at all possible, we must interpret the Act in a way that is consistent with the former, and avoids the latter. Section 36B can fairly be read consistent with what we see as Congress’s plan, and that is the reading we adopt.” (King v. Burwell (U.S. Sup. Ct.; June 25, 2015) ___U.S.___ [135 S.Ct. 2480, 192 L.Ed.2d 483].)
