Fox Business - The Power to Prosper
Search Site

Health-Care Law

The Patient Protection and Affordable Care Act (PPACA),[1][2] informally referred to as Obamacare,[3] 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.

Supreme Court Upholds ObamaCare

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 ...

Read More

  1. Douglas Holtz-Eakin on defense spending

    American Action Forum President Douglas Holtz-Eakin discusses why military budget cuts will be a big issue going forward.

  2. Varney: The Affordable Care Act is a failure

    FBN’s Stuart Varney sounds off on ObamaCare.

  3. Obama dodging healthcare questions?

    Author Betsy McCaughey weighs in on ObamaCare and President Obama.

  4. Media’s impact on Obama’s presidency

    MRC President & Founder Brent Bozell weighs in on Obama and the media.

  5. How the Fed will parse the September jobs report

    Former White House Council of Economic Advisers Chairman Ed Lazear analyzes the September jobs report, it’s impact on the Fed, and tax reform.

  6. Michael Leavitt: Most important strategy is to have a vaccine

    Former Utah Gov. Michael Leavitt on efforts to contain the Ebola outbreak.

  7. Is housing a tailwind for the economy?

    Alger CEO Daniel Chung and Haverford Trust CIO Hank Smith give insight into the markets and economy.

  8. Rep. Paul Ryan: We want low tax rates for all American businesses

    House Budget Committee chairman Rep. Paul Ryan and FOX Business contributor Jon Hilsenrath explains why it has been so difficult to implement new tax policy.

  9. CEOs back on the hiring track?

    PwC Global Chairman Dennis Nally on hiring and the state of the U.S. economy.

  10. White House leading from behind on the Ebola outbreak?

    VitalSpring Technologies CEO Dr. Sreedhar Potarazu on growing concerns over the Ebola outbreak.

  11. What’s the Deal, Neil: Has the media had enough of President Obama?

    FBN’s Neil Cavuto on the media’s shifting perceptions of the Obama Administration, the Ebola crisis and Apple.

  12. Wal-Mart offering better, cheaper health plans than ObamaCare?

    American Enterprise Institute President Arthur Brooks on the differences between Wal-Mart and ObamaCare health plans.

  1. Health-Care Shares Display Mixed Picture After Ruling

    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...

  2. How Health-Care Ruling Will Impact Business

    Business strategistCarol Roth weighs in on the potential impact on businesses from today’s health-care ruling.

  3. How the healthcare ruling impacts small businesses

    Kate Rogers on what the healthcare ruling could mean for small businesses

  4. Lawmakers in Heated Debate Over Health Care

    Representatives John Garamendi and Marsha Blackburn discuss the Supreme Court's decision to uphold the constitutionality of the health-care law .

  5. Twenty-nine percent of doctors don’t know if their practice takes ObamaCare

    Board Certified Otolaryngologist Dr. Elaina George discusses the issues that come up while working with ObamaCare and it’s true costs.

  6. Rep. Burgess: Use money from ObamaCare to fight Ebola

    Rep. Michael Burgess (R-Texas) explains why he believes money from ObamaCare should be used to fight Ebola.

  7. Americans spend more time researching vacations than health care?

    Aflac U.S. President Teresa White on efforts to help consumers make more informed decisions about their health care.

‹ Prev12345Next ›
Freebase CC-BY
Source: Health-Care Law on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL