Texas Association of Business President and CEO Bill Hammond says the Supreme Court’s decision on the so-called individual mandate is "disappointing." Hammond goes on to say Congress must replace the law or jobs will be lost.

Bill Hammond, President and CEO of the Texas Association of Business:

“It is disappointing that the U.S. Supreme Court has upheld the Affordable Care Act, especially as it pertains to the individual mandate. The business community has always been very concerned about the cost of the law, the economic effect it will have on the country when fully implemented, and the effect on employees trying to navigate a complicated and confusing system. Unless Congress takes action to replace this plan with something that is more workable, we will see many jobs lost and many businesses that offer insurance to their employees now will drop that coverage. Congress shouldn’t be allowed to dictate the day to day lives of Americans and of business, and that’s what this ruling allows. There is still time for Congress to fix this before full implementation in 2014, and we will be working hard to make sure that happens.”