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 ...
FBN host of 'The Independents' Kennedy explains why young people are not optimistoc about the future of the Affordable Care Act
Louisiana Insurance Commissioner James Donelon on the problems with the ObamaCare rollout.
With a promotional video's 'Forget the price tag' message, what happened to the 'affordable' in the Affordable Care Act ?
Cambria Investment Management CIO Meb Faber, Empyrion Wealth Management President Kimberly Foss and Altimus Capital Director of Portfolio Management Chris Gersch on where the market opportunities are.
Job market improves while health care law continues to struggle
The long-term success of the Affordable Care Act is heavily dependent on young (and presumably healthy) individuals signing up for insurance coverage to create a div...
This week, the House Committee on Small Business examined ObamaCare’s impact on small businesses and the way regulations are affecting loans to small businesses.
A government investigation into the health-care law rollout has discovered new email exchanges that show the Obama administration was aware the federal SHOP exchange...
Insurers to estimate payments
States without their own exchanges should not face tax penalties
Karl Rove on Pres. Obama's hard sell of the Affordable Care Act to his disappointed young base and Harry Reid's hypocrisy on ObamaCare
Rep. Phil Roe speaks out
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 .
Robert Wolf, Outside Advisor to President Obama, on efforts to extend unemployment benefits and ObamaCare.
The Daily Caller Senior Editor Jamie Weinstein and Mercedes Schlapp, former spokesman for President George W. Bush, on the low enrollment on the ObamaCare website in New Jersey.
Manhattan Institute Senior Fellow Avik Roy on ObamaCare.