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About reports that court rulings will wound Obamacare, maybe fatally: They’re premature at the least. And probably are vastly overstated. Only one ruling has gone against the legality of subsidies for insurance bought through the federal exchange instead of state-run exchanges. And that ruling, by a three-judge appellate panel in Washington, D.C., seems ripe for reversal when the Obama administration asks the full 11-judge court to rehear the case. Rulings by other federal courts have upheld the health insurance subsidies.
Two years ago this month, the U.S. Supreme Court upheld the Affordable Care Act as the law of the land. More than eight million Americans have signed up since the initial enrollment period ended on March 31, 2014. How well do you know Obamacare? Increase your knowledge of the far-reaching changes by taking our ten-question quiz. There are also helpful links to Kiplinger’s comprehensive coverage of the new law.