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
White Papers
Provided by Personify Health
Further Reading
You have great well-being benefits. So why don’t employees use them to the max? Nearly 80% of employees have access to well-being ...
Maine’s Paid Family and Medical Leave (PFML) program began paying benefits on May 1, 2026. The state DOL runs the program with Af...
Believe it or not, more than 80% of workers like their employers’ Paid Time Off (PTO) packages. But that doesn’t stop a surpris...
Today’s economic conditions have placed most working Americans in a tight spot unlike anything since the Great Depression. And it’s...
It’s that time of year again: Employer health insurance plans are up for renewal. For finance leaders, this period can feel like a lotter...
Environmental, social and governance (ESG) ratings of companies was never as popular as many in the media made it out to be. And the more t...
