The initial one is that health care reform just affects uninsured people. The second one is that Medicare advantages and the Medicare program isn't planning to be affected by healthcare reform. And then a last one is that health care reform will minimize the costs of healthcare.
Let's go through the first myth about healthcare reform just affecting uninsured people. In lots of the discussions I've with clients, there are several words they choose: "I curently have protection, therefore I won't be suffering from ObamaCare," or "I'll just keep my grandfathered medical insurance plan," and the final one - and that one I will provide them with a bit of leeway, because section of what they're stating is true -- is "I have party medical insurance, therefore I won't be suffering from health care reform."
Effectively, the truth is that health care reform is obviously going to affect everybody. Starting in 2014, we're planning to really have a full new group of health programs, and these options have very rich benefits with a lot of added characteristics that the present ideas nowadays don't offer. So these new plans are likely to be larger cost.
Individuals who already have health insurance are going to be transitioned in to these new ideas some time in 2014. Therefore the protected is likely to be straight affected by this because the health plans they have nowadays are going away, and they'll be mapped in to a new ObamaCare plan in 2014.
The uninsured have yet another problem in when they don't get health insurance in 2014, they face a requirement penalty. A few of the healthy uninsured will search at that penalty and claim, "Effectively, the penalty is 1% of my altered gross income; I make $50,000, therefore I'll spend a $500 penalty or $1,000 for health insurance. Because situation I'll simply take the penalty." But either way, they'll be immediately suffering from healthcare reform. Through the requirement it affects the covered in addition to the uninsured.
People that have grandfathered health insurance ideas are not going to be immediately suffering from healthcare reform. But because of the life period of these grandfathered health strategy, it's going to produce these ideas more pricey as they find there are programs available today they can easily transfer to that have a thicker set of benefits that might be more very theraputic for any persistent health issues they could have.
For folks who stay static in those grandfathered plans, the share of subscribers in the plan will start to decrease, and as that occurs, the expense of these grandfathered medical health insurance options increase even faster than they are now. Thus, people in grandfathered health programs is likewise impacted by ObamaCare.
The final one, the tiny party market place, will be the most particularly afflicted with health care reform. Even though the health care reform rules mostly influence big and medium-sized organizations, and organizations which have 50 or more https://www.partnership4health.com , smaller companies may also be affected, even though they're exempt from ObamaCare itself.
What several surveys and polls are beginning showing is that some of the companies which have 10 or less personnel will search severely at their choice to decline health insurance insurance completely, and no more own it as an expense of the company. As an alternative, they'll have their staff get health insurance through medical insurance exchanges.
In fact, some of the carriers are actually saying they anticipate that around 50% of little teams with 10 or less employees are likely to decline their medical insurance approach sometime between 2014 and 2016. That may employ a large impact on all those who have class medical health insurance, particularly if they're in some of those small firms that decline medical insurance coverage.