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Affordable Care Act Upheld
June 28, 2012
In a 5-4 vote, the Supreme Court today upheld the Affordable Care Act in its entirety with the exception that states may opt out of the Act's requirement of expanded Medicaid coverage without losing existing federal funding.
Significantly, the Court ruled that the individual mandate is constitutional as a tax. From a practical standpoint, this means the Act's insurance reforms such as the prohibition on pre-existing condition exclusions and expanded family coverage for individuals up to the age of 26 remain viable.
For the full Supreme Court decision visit http://www.supremecourt.gov/opinions/11pdf/11-393c3a2.pdf
If you have any questions, contact the attorneys at Chambliss, Bahner and Stophel.