The U.S. Supreme Court is expected to provide a ruling on the Constitutionality of Obamacare this week, and may issue that ruling as soon as today.
Republicans and Democrats are girding for a politically explosive week as the Supreme Court prepares to rule as early as Monday on the federal health care overhaul.
The ruling, as campaign advisers are well aware, has the potential to re-shape this year’s presidential race. For weeks, each party has been positioning itself to make the best of whatever outcome emerges from the tight-lipped justices.
And the implications go far beyond the 2012 election. The outcome of the health care case, involving one of the most divisive domestic policies in modern times, will affect millions of Americans. Calling for the law’s survival, supporters trumpet the expanded consumer protections and subsidies that make insurance more available and affordable. Calling for its defeat, critics blast what they describe as an unconstitutional requirement to buy health insurance, and warn the law will pummel businesses with its mandates and fines.
The court can decide to strike down the law in its entirety (the preferable choice), strike down individual provisions in a “split the baby” compromise, or declare the law is entirely Constitutional.
As a conservative, my preference is to see Obamacare overturned in it’s entirety, and for Congress to make the logical move and make health insurance cheaper for all Americans not through nationalization, but by enabling more private sector competition through deregulation.
The irony of that is that existing insurance companies aren’t likely to like deregulation that enables more competition, because that will also cut into their margins and force them to run more lean organizations with less bloat.