NRF: Retailers Dismayed by Supreme Court Decision

The National Retail Federation said today that it is disappointed that the U.S. Supreme Court upheld the constitutionality of the Affordable Care Act.

“The Court missed an opportunity to redress the many shortcomings of the law,” NRF CEO Matthew Shay said in a press release. “As it stands, the law wrongly focuses more on penalizing employers and the private sector than reducing health costs. For these reasons, NRF has been a consistent skeptic of the Affordable Care Act.”

The NRF said ACA penalizes employers too much, doesn’t do enough to reduce the cost of health care and it is unreasonably complicated and difficult to implement and administer. NRF added that the law will have a dramatic, negative impact on every employer and employee in the United States, and further constrain job creation and economic growth.

Meanwhile, the Retail Industry Leaders Association said in a press release that retailers are committed to continuing to provide health coverage to their employees, and overregulation jeopardizes their ability to do so.

“President Obama repeatedly assured Americans that if they liked their health insurance, they could keep it,” RILA president Sandy Kennedy said in the release. “However, today, with just 17 months until the law takes effect, and no meaningful implementation guidelines available for employers, those assurances are in doubt.”

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.