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March 23, 2012
Affordable Care Act: 2 Years Later

Today marks the two-year anniversary of the Affordable Care Act (ACA).The ACA will affect health insurance coverage for most Americans and have a considerable impact on organizations’ health insurance plans.

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Since President Obama signed the ACA on March 23, 2010, employers have seen several changes to health care, including dependent coverage to age 26, ban on lifetime limits and restrictions on annual limit, and coverage rescissions.

Here are a few “must-reads” concerning the future of healthcare reform and what employers can do to prepare.

Healthcare Reform at the Supreme Court: 'Individual Mandate' in the Spotlight—The U.S. Supreme Court is scheduled to hear arguments from a coalition of states that forcing people to buy health insurance oversteps the powers of Congress and is unconstitutional. And, many Republicans would repeal the entire Affordable Care Act if they had a chance. We can't tell yet where the justices will come out, but Bob Christenson would give them an earful if he could.

Communicating the Impact of Healthcare Reform—Healthcare reform expert Ed Bray recommends that HR communicate as much as is known at any given time about the impact of reform to employees and top management. With his background in both law and employee benefits, Bray is now director of compliance for Burnham Benefits in Orange County, California.

Need Help Finding the Right Health Insurance Plan for Your Small Business?—The Department of Health and Human Services (HHS) announced a new tool to give small business owners a detailed review of their health insurance plan choices, allowing employers to compare the benefits and costs of health plans and choose those that are best for their employees.

Survey Says: Health Costs Boggle, But Employers Won’t Cut Coverage—“Nearly 70 percent of respondents to a recent BLR/HRHero survey on health insurance benefits said they expect their health insurance costs to rise in 2012, but an equal number believe that health insurance is too important a part of the compensation package to consider eliminating it.”

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