Tagged: Insurance

News
12:45 pm
Thu June 28, 2012

Blue Cross Blue Shield Responds to Healthcare Overhaul Decision

The Supreme Court, in a five-four decision, upheld the individual mandate in the Affordable Care Act. The justices ruled that the individual mandate is unconstitutional under the commerce clause, but can go ahead as a tax.

The individual mandate requires that all people must buy health insurance. For insurance companies, that means they’ll be getting a large, new pool of customers. In Wyoming, 17-percent of the population is currently uninsured, compared to a nationwide average of 16-percent.  

Read more