Wednesday, June 27. 2012
A recent decision from the U.S. Supreme Court upheld the Affordable Care Act, which requires most Americans to have some sort of health insurance policy, according to The New York Times.
The only part of the law, which was passed after a five-to-four vote by the Supreme Court, that was not upheld was the expansion of Medicaid. This aspect of the reforms was turned down because it was felt that Congress overstepped its boundaries. The deciding judge was Chief Justice John Roberts, the news source explained.
"The Affordable Care Act's requirement that certain individuals pay a financial penalty for not obtaining health insurance may reasonably be characterized as a tax," Chief Justice Roberts wrote in the majority opinion. "Because the Constitution permits such a tax, it is not our role to forbid it, or to pass upon its wisdom or fairness."
Since the reform mandates all Americans have health coverage, more consumers will be looking to secure a policy during the remainder of the year. Checking online for affordable health insurance rates may be best for consumers in need of coverage.
Display comments as (Linear | Threaded)