While health insurers have largely embraced the provisions of the Patient Protection and Affordable Care Act, the competitive outlook of the market changed this morning when the U.S. Supreme Court upheld the entire act, including the individual mandate on the grounds of the government’s ability to tax.
The mandate is a tax enforced on those who choose not to purchase health insurance. The bill was originally enacted in 2010—this morning’s ruling simply supports the initiatives insurers have been faced with for two years.
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