U.S. Supreme Court Upholds Health Care Act
In a 5-4 decision, the U.S. Supreme Court upheld June 28, 2012, virtually all of the Affordable Care Act (with certain limitations as to the expansion of Medicaid under the Act), ruling that although the individual mandate to purchase health insurance is itself unconstitutional, the fine assessable against individuals who fail to obtain health insurance constitutes a "tax," the levying of which falls within Congress' constitutional taxing powers. As a result, subject to changes in the political landscape from the upcoming elections, the 2014 provisions of the Act will go into effect as scheduled, joining those provisions already in effect.
Employers should consider now the potentially significant increases in health care...
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