Thursday, June 28, 2012

Supreme Court Upholds ACA


This morning, the U.S. Supreme Court issued their long-anticipated ruling on the Affordable Care Act (ACA; a.k.a. Obama-care), deciding that the main provisions of the ACA are constitutional and will go into effect.  Millions of Americans are shocked and millions are feeling smug.  As a bright person said this morning – America won, but Americans lost.

The healthcare industry has turned the corner on a major uncertainty that has been hanging over the U.S. healthcare system.  The elimination of that uncertainty will help thousands of physicians, providers and hospitals move forward.  Yet, this decision will also create new uncertainties.  ObamaCare, and specifically the individual mandate, is very unpopular with many Americans and is likely to embolden their efforts in November.

And now, the pundits are going to spend the next week blowing hot air.  Time for a vacation!

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