The Supreme Court Rules on the Affordable Care Act: What It Could Mean for Insurers

The Supreme Court’s five-to-four ruling that the Affordable Care Act’s individual mandate provision is constitutional because it is a tax is having many immediate consequences. It surprised many observers, positioned Chief Justice John Roberts as one of the most influential Chief Justices in history, gave President Obama a victory, and inspired Mitt Romney and other Republicans to declare they would overturn the legislation. But what will be the long-term impact? Here are opinions, reactions and predictions related to the ruling and its potential effects on the insurance industry.

By Kathy Burger

June 29, 2012

3. Beware the Law of Unintended Consequences

As the reform law is implemented, health plans will continue to focus on promoting affordability and peace of mind for their beneficiaries. The law expands coverage to millions of Americans, a goal health plans have long supported, but major provisions, such as the premium tax, will have the unintended consequences of raising costs and disrupting coverage unless they are addressed. Health plans will continue to work with policymakers on both sides of the aisle to make coverage more affordable, give families and employers peace of mind, and promote choice and competition. Health plans also will continue to lead efforts to reform the payment and delivery system to promote prevention and wellness, help patients and physicians manage chronic disease, and reward quality care.

— Karen Ingagni, President and CEO, America’s Health Insurance Plans (AHIP)

Source: America's Health Insurance Plans