Health reform survives Supreme Court ruling: What’s next?
Employers that were banking on the High Court to toss out the controversial healthcare reform law will now have to adjust their game plans.
It looks like health reform is here to stay – at least for a while longer.
By a margin of 5 to 4, the Supreme Court upheld the law.
Although the reform provision that required individuals to purchase health insurance or pay a penalty was actually deemed a violation of the Commerce Clause of the Constitution, the law was still able to stand.
How? Five justices ruled that the penalty for enforcing this rule was actually a tax, so technically it doesn’t exceed Congress’s taxing power.
However, the ultimate fate of the law is still far from certain. There’s a highly contested presidential race going on right now and, if elected, Republican candidate Mitt Romney has vowed to do away with the law.
For now, Finance will want to get together with HR to put together a plan for complying with the upcoming reform provisions.
- Share on
Free Training & Resources
Webinars
Provided by Insightsoftware
Further Reading
EBSA FY 2025 Enforcement Snapshot $1.4B recovered for workers and plans 878 civil investigations closed 253 criminal investigatio...
Employees may not understand lifestyle spending accounts (LSAs) as well as you think. That can lead to questions or just confusion. Thi...
Believe it or not, more than 80% of workers like their employers’ Paid Time Off (PTO) packages. But that doesn’t stop a surpris...
If your employer plans to contribute to Trump Accounts, payroll has until July 4, 2026, to get it right. Coding errors made at setup create...
Today’s economic conditions have placed most working Americans in a tight spot unlike anything since the Great Depression. And it’s...
Instant payouts are replacing traditional paychecks for millions of workers, according to a new PYMENTS Intelligence Report titled “Insta...
