Last week, the Supreme Court began hearings regarding the constitutionality of the PPACA. Unum U.S. Senior Vice President and General Counsel Chris Collins released a summary of the major issues to be reviewed by the Court regarding the PPACA.
Likely the most discussed issue thus far has been the constitutionality of the individual mandate, followed by the question of whether or not the PPACA would continue to stand if the individual mandate is deemed unconstitutional. The Court will also need to determine if the case can be decided before 2014 when the “tax penalty” goes into effect.
For the full summary from Chris Collins of Unum, please click here to view. Keep checking back as we follow the Supreme Court activity regarding Health Care Reform.
Last week marked the two year anniversary of Health Care Reform, and this week begins with the Supreme Court starting to hear arguments over the law’s constitutionality. I think it is a good time to reflect back on what has happened as reform enters into its third year.
With the exception of young people, who has benefited by having coverage extended to age 26 under their parents’ coverage? More Americans lack coverage today than four years ago. The percentage of uninsured rose to 17.1% this year, the highest rate since 2008.
The Class Act, the part designed to provide long-term care insurance, has unfortunately been dismissed, thrown out, given up on.
“If you like what you have, you can keep it.” If you like your employer-sponsored coverage you can keep it. Unfortunately, according to a Gallup poll, the number of folks getting their coverage from their employer is decreasing. This number reached a record low in 2011, with only 44.6% getting health insurance from employers.
This week marks an unprecedented case. One that will impact most everyone in some way. The Supreme Court has several options, from upholding the law to striking it down in its entirety. It could also avoid the law’s constitutionality at all, if it finds the lawsuits challenging the law are premature.
Whatever happens – MedCon will be watching and keeping up with all updates. Please keep checking back to stay informed.