Impact of Today’s Supreme Court Ruling on Healthcare Reform
As you may have heard, the Supreme Court ruled this morning (June 28, 2012) that the federal government cannot require individuals to buy insurance under the commerce clause but they can tax individuals who choose to go without insurance, under Congress’ taxing authority. So the bottom line? The Supreme Court upheld the Affordable Care Act, with a few modifications such as details about a proposed expansion of Medicaid benefits (government-sponsored health coverage for low-income individuals). Here’s a brief summary of…