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.
June 29, 2012
5. It's Still a Bad Policy
Let's make clear that we understand what the court did and did not do. What the court did today was say that ObamaCare does not violate the Constitution. What they did not do was say that ObamaCare is good law or that it's good policy. ObamaCare was bad policy yesterday. It's bad policy today. ObamaCare was bad law yesterday. It's bad law today.
— Mitt Romney, presumptive Republican nominee for president.
Source: Fox News
