Supreme Court Upholds Healthcare Legislation
June 24, 2012
In a much anticipated ruling, the Supreme Court announced it has decided to uphold the health care law's individual mandate in a 5-4 decision, upending speculation that the justices would overturn the law. The mandate has been upheld as a tax, with Chief Justice John Roberts joining the liberal wing of the court. Under the law, people who do not have health insurance will have to pay 1 percent of their income to the IRS starting in 2014.
We will continue to monitor developments and this ruling's impact on our clients. SESCO has prepared "An Employer's Guide to Healthcare Reform" providing a detailed overview of what clients must do to comply. You may contact us at sesco@sescomgt.com or by phone at 423-764-4127 to receive this guide.
