“Healthcare Reform Summer of 2012:The Supreme Court Decision, Rules Update, and Exchanges”. ADP Client Seminar -- Botanical Center Jesse A Patton LUTCF, HIA, MHP, FAHM, HIPAAA, EHBA, PHIAS. Economy, Budget Deficit, Medicare Top Election Issue Priority List.
“Healthcare Reform Summer of 2012:The Supreme Court Decision, Rules Update, and Exchanges”
ADP Client Seminar --Botanical Center
Jesse A PattonLUTCF, HIA, MHP, FAHM, HIPAAA, EHBA, PHIAS
Thinking ahead to the November election, please tell me how important each of the following will be to your vote for President.
Less important than that
The federal budget deficit
Spending on the military
The 2010 health care law
Social issues such as abortion and gay marriage
Note: Some items asked of separate half samples. Don’t know/Refused answers not shown.
Source: Kaiser Family Foundation Health Tracking Poll (conducted September 13-19, 2012)
Source: Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 1999-2012. Bureau of Labor Statistics, Consumer Price Index, U.S. City Average of Annual Inflation (April to April), 1999-2012; Bureau of Labor Statistics, Seasonally Adjusted Data from the Current Employment Statistics Survey, 1999-2012 (April to April).
Average Annual Premiums for Single and Family Coverage, 1999-2012
* Estimate is statistically different from estimate for the previous year shown (p<.05).
Source: Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 1999-2012.
The Exchange will revolutionize health care choices and will help reduce the growth in health care spending by encouraging competition on price and quality, not benefit manipulation or efforts to exclude needy patients
Catastrophic policy with essential benefits package available to young adults and people who cannot find plan premium <8% of income
Notes: FPL refers to federal poverty level; levels are for 2011. Actuarial values are the average percent of medical costs covered by a health plan. Premium and cost-sharing credits are for the Silver plan.
Source: Commonwealth Fund Health Reform Resource Center: What’s in the Affordable Care Act? (PL 111-148 and 111-152), http://www.commonwealthfund.org/Health-Reform/Health-Reform-Resource.aspx.
Accountable Care Organization
Integrated Delivery Systems
Chambers of Commerce
Penalties assessed on a monthly basis.
No penalties assessed on first 30 full-time employees.
No penalties apply to part-time employees.
No penalties for waiting periods (if any), not exceeding 90 days.
Total “affordability” penalty is capped. May not exceed penalty for “no coverage.”
Employer does not determine if employee is eligible for premium tax credit based on household income, but is notified by the exchange if full-time employee qualifies.