Fate of the insurance industry may rest upon the Supreme Court’s ruling on the federal health insurance mandate

The future of the Affordable Care Act will soon rest in the hands of the U.S. Supreme Court. The law, passed last year, has generated an overwhelming amount of controversy surrounding the various provisions it seeks to enact. No provision is more controversial than the health insurance mandate, which requires all U.S. citizens to purchase some kind of health insurance by 2014. To date, 26 states have filed lawsuits against the federal government seeking to have the law deemed unconstitutional. Judges in these states have already branded the law as…

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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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