Health Care Reform: What it Means to You
In a landmark 5 to 4 decision, the Supreme Court upheld the constitutionality of President Obama’s 2010 health care reform legislation (Patient Protection and Affordable Care Act, or “PPACA”) which outlines a major overhaul of the health-care system that could extend coverage to as many as 30 million Americans, creates state-run health insurance exchanges, and eliminates some unpopular insurance practices.
Since passage in March 2010, some of the mandates have taken effect and the IRS and other federal agencies have issued proposed, temporary and final regulations on many of the provisions. A majority of states and numerous organizations filed action in Federal court challenging the constitutionality of some of the provisions of PPACA and many States, businesses and employers have been waiting to fully implement the regulations until the Supreme Court made its ruling. Now that the law has been upheld, States and businesses will have to act quickly to prepare for some of the mandates of the law that take effect in 2013 through 2018.
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Top 12 Effects of the Health Care Reform