The Patient Protection and Affordable Care Act (PPACA), informally referred to as Obamacare, is a United States federal statute signed into law by President Barack Obama on March 23, 2010. The law (along with the Health Care and Education Reconciliation Act of 2010) is the principal health care reform legislation of the 111th United States Congress.
After months of speculation, the Supreme Court upheld the president's signature health-care reform Thursday. In a 5-4 decision, the country's highest court ruled the Patient Protection and Affordable Care Act constitutional, and does not exceed Congress' scope of powers.In a 65-page ruling, the court ruled the individual mandate that requires most Americans to have health insurance or face a fine as constitutional, qualifying the provision as a tax.J.D. Piro, senior vice president and leader of the health law group at Aon Hewitt explains that the government justified its power to mandate coverage in two arguments, through the Commerce Cause and its ability to tax. "The court ruled that it wasn't a valid exercise of the Commerce Clause, but it is a valid exercise of taxing powers." Starting in 2014, citizens without insurance will be fined $285 per family or 1% of income--whichever is greater. The penalty jumps to $2,085 per family or 2.5% of income, in 2016."The Affordable Care Act's ...
Fox News Medical A-Team’s Dr. Keith Ablow weighs in on MIT Economics Professor Jonathan Gruber’s psychological health, if he’s lying and answers to congressional questioning.
H&R Block CEO Bill Cobb discusses what you need to know when you file your taxes this year.
FBN’s Rich Edson discusses MIT economics professor Jonathan Gruber’s testimony on Capitol Hill.
‘Grow a Pair’ author Larry Winget on politicians’ unwillingness to apologize for mistakes.
Rep. Trent Franks, (R-Ariz.), on the release of the Senate report on the CIA interrogation techniques.
FBN’s Lou Dobbs on the tactics used by the Obama Administration to get the health-care law passed.
Fox News Contributor Byron York and Heritage Foundation Chief Economist Steve Moore weigh in on the Jonathan Gruber testimony on Capitol Hill.
Strategas Head of Policy Research Dan Clifton and Haverford Trust CIO Hank Smith discuss MIT economics professor Jonathan Gruber’s hearing before the House Oversight Committee, the impact of Obamacare on businesses, and government spending.
FBN’s Rich Edson and Fox News Contributor Byron York discuss the Jonathan Gruber hearing.
FBN’s Rich Edson, Fox News Contributor Byron York and Heritage Foundation Chief Economist Steve Moore weigh in on Jonathan Gruber’s testimony on Capitol Hill.
Competitive Enterprise Institute Fellow Carrie Sheffield, Centennial Capital Partners Senior Partner Kurt Cambier and FBN’s Adam Shapiro on falling oil prices and businesses planning for ObamaCare regulations.
FBN’s Neil Cavuto on the ‘Hands Up’ movement and ObamaCare.
Shares of health-care stocks gyrated violently Thursday as Wall Street interprets a complex Supreme Court decision that ultimately keeps the vast majority of Preside...
Business strategistCarol Roth weighs in on the potential impact on businesses from today’s health-care ruling.
Kate Rogers on what the healthcare ruling could mean for small businesses
Representatives John Garamendi and Marsha Blackburn discuss the Supreme Court's decision to uphold the constitutionality of the health-care law .
The Wall Street Journal’s Lauren Weber on the ways employers are trying to get workers to lose weight in an effort to reduce costs.
HealthGrades.com strategic advisor Dr. Archelle Georgiou on how consumers can reduce their health care costs in the year ahead.
FBN’s Neil Cavuto and conservative commentator Katrina Pierson on President Obama thinking he’s the only politician with the guts to do the right thing.