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[7/3/2558 9:34:59]
Congressional Republicans are proposing long and short-term alternatives to ObamaCare as the Supreme Court begins hearing oral arguments Wednesday in a case that has the potential to unravel the health care law.
The plaintiffs, four Virginia residents, argue that Americans who bought insurance through the federal ObamaCare exchange are not entitled to subsidies because the law says only those who bought policies in state exchanges are eligible.
At least 5.5 million Americans last year bought insurance on the federal exchange and received the subsidies.
Both sides in the case -- known as King v. Burwell -- generally agree that if the high court decides that millions of recipients are no longer eligible, they likely will no longer be able to afford insurance under ObamaCare and exit the system.
However, whether their departure would topple the entire health care law remains a matter of debate ahead of the expected high court ruling by June.
Last week, Health and Human Services Secretary Sylvia Burwell said nullifying the subsidies would cause "massive damage to our health care system" and that the administration would have no way to fix it.
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The administration and Democrats who enacted the 2010 law over unanimous GOP opposition also largely back studies showing the number of people who would loses the subsidies, in the form of tax credits, is as high as 7.5 million.
And a recent analysis by the health care firm Avalere found that those who would lose their subsidies as a result of the court ruling would have their premiums increase an average 225 percent.
Ed Haislmaier, a health care policy expert with the conservative-leaning Heritage Foundation, on Tuesday predicated some fallout, or dislocation but not to such an extent.
Is the sky going to fall? he asked. No, but its probably going to rain in some places.
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