Supreme Court Upholds Affordable Care Act
The much anticipated decision on the constitutionality of the Affordable Care Act was announced this morning.
The basis for today’s Supreme Court decision originated from legislation that was created to address the fundamental principle and belief that all Americans should have access to quality, affordable health care.
This historic decision, regardless of where individual opinion may reside, will impact the future of health care in our country. The nation’s conversation around the issue has already created momentum for innovation and increased awareness around the drivers of medical costs.
The Court’s decision means that all the provisions of the law will stand, including the requirement that most everyone have insurance or pay a penalty beginning as early as 2014. For more than 75 years, we have been committed to provide high quality health care coverage offering security and stability to our members. We have already been working to implement the law and we will continue on that path.
As we continue to implement the law, we will work with policy makers to fix provisions in the Affordable Care Act that result in increased costs. For example, the law imposes a new tax on health insurance beginning in 2014 which will make insurance less affordable. Estimates are that it will add $350 to $400 annually to family premiums by 2016.
We will also continue to lead efforts in our local communities — partnering with doctors, nurses, hospitals, and others — to help people stay well, control costs, improve quality and better manage their care when they need it.
We’ve seen many changes in health care over the years. The one thing that hasn’t changed — and will not change — is our commitment to providing our members security and stability when it comes to their health care.