U.S. Supreme Court Upholds Health Care Reform
Yesterday, the U.S. Supreme Court issued its ruling on President Barack Obama's signature health care reform law, the Affordable Care Act (ACA). The Supreme Court upheld virtually the entire ACA and ruled that the individual mandate requiring financially able Americans to obtain health insurance or pay a penalty was authorized by Congress' power to levy taxes. The court ruled five to four, with Chief Justice John Roberts siding with the majority.
The Supreme Court restricted one portion of the ACA involving Medicaid; it ruled that the federal government cannot revoke existing Medicaid funding from states that do not participate in the ACA's expansion of the Medicaid program.
Early next week, Plunkett Cooney will issue a more detailed analysis of this decision.
To review the Supreme Court's decision in its entirety, click here.
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