The Internal Revenue Service’s Implementation and Administration of the Democrat’s Health Care Law

Jost, Timothy

Abstract

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The Internal Revenue Service’s Implementation and Administration of the Democrat’s Health Care Law

Timothy Stoltzfus Jost

Washington and Lee University - School of Law

September 24, 2012

Hastings Center Report, September-October 2012
Washington & Lee Legal Studies Paper No. 2012-30

Abstract:
In a widely publicized paper, Jonathan Adler and Michael Cannon claim that the Affordable Care Act does not authorize federal exchanges to offer premium tax credits and that an IRS rule allowing them to do so is illegal. It is clear that Congress in fact intended all exchanges, including federal exchanges, to issue premium tax credits. Moreover, the language Cannon and Adler point to in the ACA as supporting their position, when read in context, does not preclude federal exchange premium tax credits. Timothy Jost’s testimony submitted to the House Ways and Means Committee explains why the IRS position is correct.

Number of Pages in PDF File: 9

Keywords: health reform, affordable care act, tax credits, legislation federal exchange

JEL Classification: K10, K32

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Date posted: September 25, 2012

Suggested Citation

Jost, Timothy Stoltzfus, The Internal Revenue Service’s Implementation and Administration of the Democrat’s Health Care Law (September 24, 2012). Hastings Center Report, September-October 2012; Washington & Lee Legal Studies Paper No. 2012-30. Available at SSRN: http://ssrn.com/abstract=2150237

Contact Information

Timothy Stoltzfus Jost (Contact Author)

Washington and Lee University - School of Law ( email )

Lexington, VA 24450
United States
540-458-8510 (Phone)
540-458-8488 (Fax)