The PPACA has a major impact on us – forum members with a desire to retire early. The Supreme Court ruling affirms it is constitutional and remaining provisions will now be implemented.
Here is a short summary of the Supreme Court ruling this morning from SCOTUSblog
http://www.scotusblog.com/2012/06/dont-call-it-a-mandate-its-a-tax/
We welcome a hearty discussion about the implementation of the PPACA and how that affects us. Everyone knows this issue is very related to FIRE. Focusing on partisanship and ideology rather than the law itself or how this impacts the quest for FIRE would not be keeping with the spirit of community rules, so let’s avoid the politics, positions of individual elected officials or how that affects upcoming elections.
Here is a short summary of the Supreme Court ruling this morning from SCOTUSblog
http://www.scotusblog.com/2012/06/dont-call-it-a-mandate-its-a-tax/
http://www.scotusblog.com/2012/06/c...ve-choice-whether-to-join-medicaid-expansion/Don’t call it a mandate — it’s a tax
Salvaging the idea that Congress did have the power to try to expand health care to virtually all Americans, the Supreme Court on Monday upheld the constitutionality of the crucial – and most controversial — feature of the Affordable Care Act. By a vote of 5-4, however, the Court did not sustain it as a command for Americans to buy insurance, but as a tax if they don’t. That is the way Chief Justice John G. Roberts, Jr., was willing to vote for it, and his view prevailed. The other Justices split 4-4, with four wanting to uphold it as a mandate, and four opposed to it in any form.
Timeline for implementation is here Implementation Timeline - Kaiser Health ReformCourt holds that states have choice whether to join medicaid expansion
The Court’s decision on the constitutionality of the Medicaid expansion is divided and complicated. The bottom line is that: (1) Congress acted constitutionally in offering states funds to expand coverage to millions of new individuals; (2) So states can agree to expand coverage in exchange for those new funds; (3) If the state accepts the expansion funds, it must obey by the new rules and expand coverage; (4) but a state can refuse to participate in the expansion without losing all of its Medicaid funds; instead the state will have the option of continue the its current, unexpanded plan as is.
We welcome a hearty discussion about the implementation of the PPACA and how that affects us. Everyone knows this issue is very related to FIRE. Focusing on partisanship and ideology rather than the law itself or how this impacts the quest for FIRE would not be keeping with the spirit of community rules, so let’s avoid the politics, positions of individual elected officials or how that affects upcoming elections.