The Supreme Court on Thursday upheld the individual insurance requirement and handed President Obama a campaign-season victory in rejecting arguments that Congress went too far in requiring most Americans to have health insurance or pay a penalty.
Breaking with the court’s other conservative justices, Chief Justice John Roberts joined the court’s four liberal justices, Stephen Breyer, Ruth Bader Ginsburg, Elena Kagan and Sonia Sotomayor when he announced the judgment that allows the law to go forward with its aim of covering more than 30 million uninsured Americans.Justices Samuel Alito, Anthony Kennedy, Antonin Scalia and Clarence Thomas dissented.
The 5-4 decision means the huge overhaul, still taking effect, will proceed and pick up momentum over the next several years, affecting the way that countless Americans receive and pay for their personal medical care.
Republicans quickly indicated they will try to use the decision to rally their supporters against what they call «Obamacare.»
Stocks of hospital companies rose sharply, and insurance companies fell immediately after the decision was announced that Americans must carry health insurance or pay a penalty.
Consider These Source:AP