It looks as if Obamacare subsidies may survive Supreme Court challenge

The future of Obamacare could be decided over the issue of whether Congress meant to coerce states into operating their own insurance exchanges by denying premium subsidies to their residents if they didn't. That's the main takeaway from Wednesday's oral arguments at the U.S. Supreme Court in King v. Burwell. Plaintiffs in this case contend that federal subsidies shouldn't be available to the residents of 37 states that bought coverage on federal exchanges because one provision in the Affordable…