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Text of Amicus Brief to Supreme Court by 52 Economists in Support of Health Insurance Subsidies (PDF)
Jenner & BlockLink to more items from this source
Jan. 28, 2015
"Congress well understood the importance of subsidies to the ACA reforms. The basic economic framework undergirding that statute can be analogized to a stool with three legs. All three legs [(namely, non-discrimination rules, individual mandate and premium subsidies)] are necessary to foster stable, functioning insurance markets consistent with Congress' goal of broad, affordable coverage. Economic modeling confirms what Congress understood: without premium subsidies for every eligible person who buys insurance on an Exchange, the ACA cannot achieve its goals." [King v. Burwell, No. 14-1158 (4th Cir. July 22, 2014; cert. pet. granted Nov. 7, 2014)]

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