President Obama's speech on the morning of 6/25/2015
President Obama's Affordable Care Act is here to stay. On Thursday, the U.S. Supreme Court's 6-3 ruling sets Obamacare in stone after years of a divided court. The healthcare act gives states the option to build their own healthcare marketplaces or use one operated by the federal government.
In a speech, Obama said, "Five years ago, after nearly a century of talk, decades of trying, a year of bipartisan debate, we finally declared that in America, health care is not a privilege for a few but a right for all." He added that the act is now "woven into the fabric of America."
U.S. Department of Health & Human Services (HHS) Secretary Sylvia M. Burwell said, "Today’s Supreme Court decision confirms that the Affordable Care Act’s tax credits are available to all eligible Americans no matter where they live. Americans in all 50 states and the District of Columbia can continue to rely on the security and peace of mind that come with affordable, quality health care coverage.
Over six million Americans and their families will sleep easier knowing they will still be able to afford health coverage. Millions more won’t have to worry about an upward spiral in their premiums because of today’s decision, even if they didn’t buy their insurance through the Marketplace. And the law’s financial assistance will be available in the next open enrollment so that others can benefit as well."