June 28, 2012 by Christian Schappel
After one of the most important Supreme Court decisions in recent memory, companies can now start focusing on complying with the next wave of healthcare reform provisions.
The healthcare reform law was upheld by the Supreme Court by the slimmest of margins — a 5 to 4 vote.
The mandate that individuals obtain health insurance or pay a penalty — the centerpiece of the entire law — was deemed a violation of the Commerce Clause of the Constitution. But five of the justices ruled that the penalty for enforcing the mandate is actually a tax, and the implementation of it does not overstep Congress’ taxing power. So it will stand on those grounds.
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