Supreme Court Upholds Healthcare Law

This morning, Thursday, June 28, the U.S. Supreme Court upheld the Obama Administration’s healthcare law in a 5-4 decision, with Chief Justice Roberts siding with the majority. In Roberts’ opinion he states…

“…the controversial individual mandate may be upheld and is within Congress’ power under the taxing clause rather than the commerce clause.”

Chief Justice Roberts also writes that the Court is not making a judgment on the wisdom of the healthcare law as that is for the people to decide.

With the current race to interpret what this verdict means for the November election I was reminded of a great opinion piece from the PLUS Medical PL and Professional Risk Symposia where economist Marvin Zonis gave his take on what this ruling may mean. Keep in mind, this video is from March and does not have the benefit of knowing what the verdict will be, but Mr. Zonis’ opinions are very thought-provoking.

CNN (post gaffe) and many other news outlets have ongoing coverage of this landmark decision.

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About plushq

The Professional Liability Underwriting Society (PLUS) was founded in 1986 by industry professionals who recognized the need for a forum for individuals involved in the field of professional liability. The Society is a non-profit organization with membership open to persons interested in the promotion and development of the professional liability industry. Membership consists of over 6,500 individuals, representing over 1,000 companies active in the many fields of professional liability. PLUS currently receives the support of more than 200 companies through corporate membership. PLUS is recognized as the primary source of professional liability educational programs and seminars, assistance to its members to help serve clients, and information regarding professional liability. The Society is continually seeking new means to fulfill its mission statement and better serve its members.

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