Within just the last few a few months we’ve seen a whole lot of Health Care Change rules and regulations being introduced by the Wellness and Human Services Division. Every time that happens, the media gets carry of it and a myriad of articles are written in the Wsj, the Fresh York Times, and the TV network news programs speak about it. All the analysts start talking about the pros and negatives, and what it means to businesses and individuals. http://www.thehealthlifeyoga.com/
The situation with this is, often times one writer appeared at the regulation, and wrote an item about it. Then other writers start using pieces from that first article and spinning parts to fit their article. When the information gets widely distributed, the actual regulations and guidelines get twisted and altered, and what actually shows up in the multimedia sometimes just doesn’t truly represent the reality of the actual regulations say.
Discover a lot of misconception about what is heading on with ObamaCare, and one of the things that I’ve noticed in discussions with clients, is that there’s a primary set of myths that folks have picked up about health care reform that just aren’t true. Nevertheless because of all they are yet to heard in the press, people believe these misguided beliefs are actually true.
Today we will speak about three common myths I hear most commonly. Not every person believes these myths, but enough do, and others are uncertain what to believe, so that it warrants dispelling these misguided beliefs now.
The first one is that healthcare change only influences uninsured people. The second one is that Medicare benefits and the Medicare program basically going to be afflicted by health care change. And then the previous one is that healthcare reform is going to reduce the costs of healthcare.
Health Care Change Only Affects Uninsured
A few look at the first myth about health health care reform only affecting uninsured people. In a whole lot of the discussions I’ve with clients, there are a variety expressions they use: “I currently have coverage, so I actually won’t be damaged by ObamaCare, ” or “I’ll just keep my grandfathered health insurance plan, inches and the last one – and this one I will give them a little bit of margin, because part of what they’re saying is true — is “I have group health care insurance, so We won’t be afflicted by health care reform. inch
Well, the reality is that health care change is actually going to affect everybody. Starting in 2014, we’re going to have a whole new set of health ideas, and the ones plans have very rich benefits with tons of extra features that the existing plans today don’t offer. So these new plans are heading to be higher cost.
Healthcare Reform’s Effect In People With Medical health insurance
Persons that currently have health insurance will probably be transitioned into these new plans at some time in 2014. Therefore the covered with insurance will be directly afflicted by this because the plans they have today ready away, and they will be mapped into a new ObamaCare plan in 2014.
Health Treatment Reform Effect On The Uninsured
The uninsured have an additional a significant that if they do not get health insurance in 2014, they face a mandate penalty. Several of the healthy uninsured are likely to look at that penalty and say, “Well, the penalty is 1% of my adjusted major income; I make 50 dollars, 000, so I’ll pay a $500 penalty or $1, 000 for medical insurance. In that case I am going to just take the charges. ” But no matter what, they will be directly damaged by health care change. Through the mandate it influences the insured as well as the uninsured.
Health Care Reform Impact on People With Grandfathered Overall health Strategies
People that contain grandfathered medical health insurance plans are not going to be immediately damaged by health treatment reform. But due to life cycle of their grandfathered health plan, it’s heading to make those blueprints more costly as they notice that there are programs currently available that they can certainly transfer to that contain a richer set of benefits that would be more beneficial for any chronic health problems they may have.
For people who live in those grandfathered ideas, the pool of members in the plan are going to learn to get smaller, and as that happens, the price tag on those grandfathered health insurance plans increases even faster than vehicle. For that reason, people in grandfathered health plans will also be influenced by ObamaCare.
Overall health Care Reform Impact on Persons With Group Health Insurance
The final one, the small group marketplace, is heading to be the most notably damaged by health care reform. However the health care reform regulations mainly affect large and medium-sized companies, and companies which may have 50 or more employees, smaller companies will also be affected, even though they’re exempt from ObamaCare itself.
What many research and polls are starting to exhibit is that some of the businesses which may have twelve or fewer employees are going to look really at their option to drop medical health insurance coverage completely, and no longer have it as an expenditure of the company. Rather, they will get their employees get health insurance through the health insurance exchanges.
Actually some of the carriers have become stating they anticipate that up to 50% of small groups with 10 or fewer employees are likely to drop their health insurance plan sometime between 2014 and 2016. That will have a very large result on all people who have group health insurance, particularly if they’re in a single of those small companies that drop health insurance coverage.
It’s not simply uninsured that are heading to be afflicted by health care reform, every person is going to be afflicted.