Will The Supreme Court's 'Obamacare' Ruling Hurt Job Growth?

Updated

In a boost to President Obama and his supporters, the U.S. Supreme Court voted Thursday 5-4 to largely uphold the health care reform law, called the Patient Protection and Affordable Care Act. (Its expansion of Medicaid for the poor was scaled back, though, giving states' greater control.) The much-anticipated ruling had some surprises.

At issue was the individual mandate, by which the federal government will compel Americans to buy health care insurance if they don't receive it through an employer's plan. (Companies with 50 or fewer employees are exempt. Otherwise they and all Americans who aren't insured face a financial penalty. Subsidies are available for lower-income Americans.) The court said the mandate could stand because it was really a tax, which is protected by the Constitution. But what does this mean to Americans and their jobs -- and their health care, which is often provided through their employer? (DailyFinance has taken a look at how the ruling and law will affect your wallet.)

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