What will health and auto insurance have in common in 2014?

By far, the most sensitive element of the Affordable Care Act is that it requires the majority of Americans to obtain health insurance coverage. Making health insurance just like car insurance, mandatory and required by law, for most. In response to this requirement, there are currently a total of 26 different federal lawsuits working to try to reverse the law. The very foundation of this battle is the “individual mandate”, around which there is significant debate as to whether or not it is constitutional. That said, many experts are agreeing…

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South Carolina rejects federal money that would help build insurance exchange

Reeling from the impact of Hurricane Irene, South Carolina has not lost sight of opposing federal health care reform. Tony Keck, head of the state’s Health and Human Serviced Department, announced Thursday that the state would be rejecting millions of dollars in federal grants that would have been used to help the state build a health insurance exchange. The exchange would have helped residents of the state find affordable insurance coverage and, theoretically, reduce the overall cost of insurance policies within the state as insurers fought for customers. South Carolina…

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Study finds that health care reform will bring more insurance coverage to many, but at higher cost

Last year’s health care overhaul continues to be the most controversial legislations passed championed by the current administration. Confronted with concerns that the nations health care system was unbalanced and on the verge of cataclysmic collapse, President Obama and his compatriots sought to make changes that would improve the system overall. Though the health care reform aims to increase the number of people that have access to insurance coverage, how such a feat will be accomplished remains something of a mystery. Last year, soon after the notorious Affordable Care Act…

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Constitutional legality of health insurance mandate headed for the Supreme Court; President Obama is confident in its passing

Mere days after a federal appeals court in Washington declared that the individual insurance mandate posed by the Affordable Care Act was unconstitutional; President Obama has proclaimed his confidence that the Supreme Court would uphold the measure. Several states have questioned the constitutional legality of the Affordable Care Act, but only a handful have sought to fight the federal law in court. The matter will, indeed, be heading for the Supreme Court, but it may be several years before it can be resolved, especially with an election year rapidly approaching.…

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Health insurance requirement likely headed to Supreme Court following rejection by appeals court

The panel at a federal appeals court has ruled against the heart of the Obama Administration’s healthcare reform, bringing into question whether or not Americans will actually be required to purchase a healthcare policy. The next step will be the U.S. Supreme Court. The panel of the 11th Circuit Court of Appeals was made up of three judges. They were not unanimous, but ruled that Congress had stepped beyond its authority when they passed what is being called the “individual mandate”. Experts in the healthcare industry are saying that the…

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