1. The Individual Mandate Is a (Legal) Tax
"It is reasonable to construe what Congress has done as increasing taxes on those who have a certain amount of income but choose to go without health insurance … The federal government does not have the power to order people to buy health insurance. ... The federal government does have the power to impose a tax on those without health insurance.
— Chief Justice John Roberts, who wrote the majority opinion in the Court's ruling on National Federation of Independent Business et al v. Sebelius.
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio