A federal appeals court struck down as unconstitutional thecentral provision of President Barack Obama's health-care lawrequiring most Americans get coverage, bringing the 2010 actever-closer to the U.S. Supreme Court.

The 2 to 1 ruling is in direct conflict with an earlier decisionby a federal appeals panel in Cincinnati, which upheld theindividual mandate. The provision exceeds Congress's power toregulate commerce, a U.S. appeals panel in Atlanta ruled today,affirming in part a lower court in a suit by 26 states.

“This guarantees that the Supreme Court will rule on theconstitutionality of the individual mandate, and makes it verylikely that the court's ruling will come by the end of June 2012,”said Kevin Walsh, an assistant professor at the University ofRichmond School of Law in Virginia.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.