Obamacare ruling significant for businesses, too

The Obamacare ruling, which rocked the business world this week along with the marriage equality ruling that came on Friday – served as one of the best examples of American justice. So far, much has been made of the marriage equality ruling, which has a social impact on Americans who come from different walks of life. However, the second ruling that took place has a more significant place in the hearts of Americans, especially those who are facing medical conditions or a part of the 6.3 million Americans covered under Obamacare.

For the more than 6 million Americans who are covered under Obamacare the move is one that is inspiring. However, it isn’t just those who are covered under Obamacare that are feeling inspired after the Supreme Court’s ruling on the matter. Businesses and major corporations around the country were celebrating the decision to allow Obamacare to continue on. Interestingly, the insurance companies were even celebrating because it meant a simplification of rules, which previously made balancing between federal and state regulations, as well as the regulations put in place by the businesses challenging.

Obamacare

In simple terms, fighting against anti-discrimination laws was a challenge that was difficult for many to handle, given how much of an impact these regulations actually had on life as a whole for these people. Doug Kendall, of the Constitutional Accountability Center pointed out that, “This Supreme Court is unquestionably responsive to the views of corporate America. Here, in both the healthcare and marriage cases, those views aligned with a progressive outcome.”

https://thehoopsnews.com/2015/06/27/6268/same-sex-couples-could-see-343000-in-increased-social-security-benefits/

Interesingly though, companies like American Airlines, Johnson and Johnson, and many other significant companies in many different industries supported this and legalization of marriage amongst LGBT community. This is something that’s important to a lot of people, and most specifically, it’s something that’s important to a lot of people who otherwise spend their money with comapnies like these.

Marriage equality and the Affordable Care Act, or Obamacare as it’s frequently called, only make this world a better place on paper. For the more than 6 million Americans who would have become uninsured if the Supreme Court had ruled the other way, and made Obamacare a thing of the past, the results would have been catastrophic. Thankfully though, the results we’re seeing now are positive in more than just a strictly social way. The business impacts are also positive in that they finally level the playing field in terms of benefits, health coverage, and much, much more.

About the author

Nitin Agarwal

Nitin has a background in Electrical Engineering and is passionate about the Internet of Things. He covers how connected devices like smart homes, wearables, and industrial IoT are changing our daily lives. Nitin is also a DIY enthusiast and loves to build IoT gadgets.