A federal district court judge has ruled in favor of the federal government in a lawsuit claiming the IRS did not have the authority under the Affordable Care Act to write rules providing tax credits to individuals purchasing health insurance on the new health insurance exchanges.
The IRS issued a final rule in May 2012 implementing the premium tax credit provision of the Affordable Care Act, in which it interpreted the ACA as authorizing the agency to grant tax credits to individuals who purchase insurance on either a state-run health insurance exchange or a federal exchange such as the one that has been available on the problem-prone HealthCare.gov site for people in states that have not set up state exchanges.
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