Thursday 12 July 2012

U.S Supreme Court Has Approved Health Insurance Act

U.S. Supreme Court gave President Barack Obama a major victory, the legislation established health insurance with sound controversial 5 to 4.

A law called the "individual mandate" that requires Americans to buy health insurance or be fined.
The Obama administration argues that the "individual mandate" is valid in the U.S. constitution because all Americans will require health care at some point in their lives, and there is no practical alternative except insurance.

Twenty-six states filed a lawsuit against the reform law, arguing people can not be forced to buy insurance, a product that they may not want or need.

Health insurance legislation that has been the most contentious issue in the 2012 presidential election campaign. Republican presidential candidate Mitt Romney has vowed to overturn legislation that if he is elected in November.