Healthcare Officials React to Supreme Court Decision

Experts: Law Will Provide Cost Savings to Individuals

Reported by Christie Duffy. Posted on: Jun 28, 2012, 4:42 pm. Last update: Jun. 29, 2012, 2:13 pm.
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NORTH BERGEN, N.J. — Healthcare officials reacted to the Supreme Court's ruling Thursday to uphold President Barack Obama's healthcare law. Experts say there will be a vast consolidation within the healthcare industry in the upcoming years that will provide cost savings, which will make their way down to individuals and small businesses. However, officials said the law may take away from smaller hospitals and private practices.