Monday, November 14, 2011

Supreme Court takes up challenge to health care reform law

The U.S. Supreme Court will hear a challenge to President Barack Obama's sweeping health care reform law, the court announced Monday.

Oral arguments will likely be held in late February or March, with a ruling by June.

A key issue to be considered by the high court's nine justices is whether the "individual mandate" section of the law -- requiring nearly all Americans to buy health insurance by 2014 or face financial penalties -- is an improper exercise of federal authority.

Various states have argued that if that linchpin provision is found unconstitutional, the entire law will have to be scrapped.

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