(Originally published on 06.28.2012)
On Thursday the Supreme Court upheld President Obama’s Affordable Care Act by a vote of 5-4. The health care act, dubbed "Obamacare," has been met with mixed feelings since the President announced the new law in 2010. In a 110-page ruling, the Court ruled to uphold the individual mandate that every American have insurance by 2014, among a host of other laws under the Act.
What does this mean for you? If you are already insured, not much will change. For those who are currently uninsured, you’ll have until 2014 to get insured or face penalties in the form of a tax.
The law also means millions of young adults between 19 and 26 can remain covered under their parents’ policy, and that it’s illegal to deny someone health insurance because of pre-existing conditions.
Now that the Supreme Court has weighed in, we want to know what you think. Did they make the right ruling? Will this be a factor in the presidential election? Does this decision affect you in a positive or negative way? Tell us your story or share your opinion about this landmark decision in our comments.
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