The Final State of the Union
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Summary:
The Supreme Court upholds the constitutionality of the Affordable Care Act – the health reform law President Obama signed two years ago, ensuring hard-working, middle class families will get the security they deserve and protecting every American from the worst insurance company abuses.
Watch the President speak on Health Reform:
Questions about what the decision means for you? Check out an infographic showing how the Affordable Care Act benefits Americans
Today, the Supreme Court's decision to uphold the Affordable Care Act ensures hard-working, middle class families will get the security they deserve and protects every American from the worst insurance company abuses. The Court has issued a clear and final ruling on this law.
For a comprehensive overview of the Affordable Care Act, visit WhiteHouse.gov/HealthReform and HealthCare.gov.
Let’s take a look at what today’s ruling means for the middle class:
- Insurance companies no longer have unchecked power to cancel your policy, deny you coverage, or charge women more than men.
- Soon, no American will ever again be denied care or charged more due to a pre-existing condition, like cancer or even asthma.
- Preventive care will still be covered free of charge by insurance companies--including mammograms for women and wellness visits for seniors.
- By August, millions of Americans will receive a rebate because their insurance company spent too much of their premium on administrative costs or CEO bonuses.
- 5.3 million seniors will continue to save $600 a year on their prescription drugs.
- Efforts to strengthen and protect Medicare by cracking down on waste, fraud, and abuse will remain in place.
- 6.6 million young adults will still be able to stay on their family's plan until they're 26.
A major impact of the Court's decision is the 129 million people with pre-existing conditions and millions of middle class families who will have the security of affordable health coverage.
We should also remember that under today’s ruling, having health insurance is and will continue to be a choice. If you can’t afford insurance or you’re a small business that wants to provide affordable insurance to your employees, you’ll get tax credits that make coverage affordable. But if you can afford insurance and you choose not to purchase it, the taxpayers will no longer subsidize your care for free.
Given today’s ruling, it’s now time to focus on implementing this law in a smart and non-bureaucratic way that works for the middle class.
As we’ve said, the Court has issued a clear and final ruling on this law. The last thing Congress should do is refight old political battles and start over on health care by repealing basic protections that provide security for the middle class. The President refuses to go back to the way things were.
Right now, Congress needs to work together to focus on the economy and creating jobs. Right now in congress, what’s at stake is how--at this make or break moment for the middle class--we break through Washington gridlock to move our country forward. Right now in Congress, what’s at stake is our chance to seize this moment to build an economy not from the top-down, but one based on a strong and secure middle class. We need to create secure middle class jobs and an economy built to last where hard work and responsibility are rewarded, everybody gets a fair shot, pays their fair share, and plays by the same set of rules.
Right now, Congress should act on the President’s concrete plans to create an economy built to last by reducing the deficit in a balanced way and investing in education, clean energy, innovation, and infrastructure. It’s time for folks in Washington to work together on behalf of the American people.
Please check back periodically for additional information on today’s decision.
Read the President's full remarks here
