The healthcare sector has spent millions toward lobbying services in Washington, and law and lobby firms continue to grow their healthcare practices in preparation for a Supreme Court decision on federal insurance subsidies under the Affordable Care Act. A ruling in the case of King v. Burwell, which will determine whether to extend the tax-credit subsidies or not, is expected soon.
Attorney Robert Bradner said a ruling against the subsidies would start a mad dash for a legislative fix, and it would invalidate subsidies for an estimated 6.4 million people who purchased insurance under Obamacare.
“You have to be in the right mindset, in terms of understanding what’s going on and what the implications are,” Mr. Bradner said. “Whatever elected officials are saying today will change very quickly if the decision is in favor of the plaintiffs.”
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