On March 4 the Supreme Court heard oral arguments in King v. Burwell. Although we probably won’t know the verdict until June, the Washington Post reported that if “the court follows its normal pattern, it will vote on the outcome at the justices’ private conference on Friday,” which would have been March 6. But that vote may not be the end of it. As Avik Roy reported in Forbes in 2012 after the first big test of ObamaCare (NFIB v. Sebelius), sometimes votes are changed. So if the justices might still change their votes, let’s again chime in. The issue in King is the legality of the IRS regulation that allows ObamaCare subsidies to be granted to the residents of states that did not establish their own health insurance exchanges, now called “marketplaces.” There have been conflicting reports about how many states actually cooperated with the feds by establishing state exchanges. For instance, it was reported on March 8 on ABC’s...(Read Full Article)