SCOTUS upholds PPACA, industry ready to tackle ongoing health care issues
The U.S. Supreme Court has upheld the Patient Protection and Affordable Care Act with the individual mandate being upheld under the Congressional power of taxation.
The U.S. Supreme Court has upheld the Patient Protection and Affordable Care Act with the individual mandate being upheld under the Congressional power of taxation.
A sharply divided Supreme Court on Thursday upheld the centerpiece of President Barack Obama's signature health care overhaul law that requires that most Americans get insurance by 2014 or pay a financial penalty.
Theres no HR or policy and procedure manual detailed enough to help employers understand exactly what to do tomorrow following the Supreme Courts ruling on the constitutionality of the Patient Protection and Affordable Care Act, due Thursday, June 28 at 10 a.m. I dont know that theres a clearly defined playbook for employers in this situation, says Jeff Munn, vice president of benefit policy at Fidelity Investments. Its probably been 50 years since weve had an opinion from the Supreme Court on a statute that affected as many people as this one does.
At 2 p.m. EST tomorrow experts will provide insight on the fate of the mandate for individuals to purchase health coverage, and the finding on the constitutionality of PPACA as a whole. Sign up for the web seminar which will be held hours after the decision is released.
There is no shortage of opinions when it comes to the future of health insurance in the United States. And, opinions were readily shared this week at Americas Health Insurance Plans Institute 2012 in Salt Lake City. Connecture Inc., a sales automation technology provider in the health insurance space, conducted a survey of the health insurance executives at the conference, and made a number of conclusions, including:
Private and public health care exchanges can bring tremendous value to the marketplace if they follow certain examples, said a speaker at the NAHU annual convention in Las Vegas Monday.
While the nations attention remains focused on legal and political fights over health care reform, including an imminent ruling on the matter by the Supreme Court, a consumer advocacy organization notes that an invisible tragedy continues to play out nationwide for uninsured families who struggle to get the health care they need. A report released last week by Families USA reveals that more than 26,000 Americans between the ages of 25 and 64 died prematurely in 2010 because they did not have health coverage.
There is a lot riding on the Supreme Courts health reform decision for all stakeholders. Brokers and consultants need to be prepared to advise their clients, says EBA Advisory Board member Mark Gaunya, who highlights what you should be thinking about while we wait for the decision.
Eric Cantor pulls no punches about what Republicans in the U.S. House of Representatives will do to "Obamacare" if the Supreme Court leaves any of President Barack Obama's health care reform law intact.
As if the Patient Protection and Affordable Care Act didnt give employers enough to worry about, a PPACA-related regulatory headache may be taking hold for small firms.
Investors could be excused for avoiding health insurance and hospital stocks as a U.S. Supreme Court decision nears on President Barack Obama's health care overhaul law an outcome that could send the companies' shares down 10% or more.
Republican Mitt Romney last week laid out his vision for a "consumer market" health care approach to replace President Barack Obama's sweeping reform law, whether or not the U.S. Supreme Court overturns the legislation this month.
Industry groups are being proactive in preparing their membership for the Supreme Courts ruling on health care reform which is expected at any time as they know no matter the ruling, the business has changed forever.
Later this month, employers will know – based on the Supreme Court ruling whether to uphold the Patient Protection and Affordable Care Act – if their employees must have health insurance. Should the law and all of its provisions be ruled constitutional, the cost of offering health benefits may prove too much for some employers, allowing employees to seek coverage from state-run insurance exchanges.
Are we moments, days, weeks or months away from a Supreme Court ruling on health care reform?
A full 42% of employee benefit managers hope the Supreme Court will this month rule that the Patient Protection and Affordable Care Act is unconstitutional, according to research conducted by Employee Benefit News.
Three major U.S. health insurers that provide coverage to millions of Americans said they would keep some protections included in President Barack Obama's health care overhaul regardless of how the Supreme Court rules on the law.
U.S. Health and Human Services Secretary Kathleen Sebelius said on Thursday the administration will be ready to respond if the Supreme Court strikes down all or part of the health care reform law in a landmark ruling expected this month.
Although the entire HR/benefits industry is waiting for the Supreme Court to rule on the constitutionality of the Patient Protection and Affordable Care Act later this month, 86% of single employers and corporations will or are likely to continue to provide health coverage to their employees in 2014, according to the International Foundation of Employee Benefit Plans.
Health care reform likely enabled about 6.6 million young adults to join their parents' health insurance plans last year, a report found on Friday, though problems with medical bills and debt remained an issue.