Within the last few couple of months we've observed a lot of Health Attention Reform principles and regulations being presented by the Health and Human Services Department. Each time that takes place, the press gets your hands on it and all sorts of articles are published in the Wall Street Journal, the New York Situations, and the TV network news applications speak about it. All the analysts begin speaing frankly about the professionals and drawbacks, and what it methods to corporations and individuals.
The situation with that is, many times one writer looked at the regulation, and wrote a piece about it. Then different writers begin to use parts from that first report and rewriting components to suit their article. By enough time the info gets generally spread, the particular regulations and principles get complicated and distorted, and what actually appears in the press occasionally only doesn't really signify the truth of what the regulations say.
There's plenty of misunderstanding about what is going up with ObamaCare, and one of many issues that I've noticed in discussions with clients, is that there's an main group of fables that people have picked up about medical care reform that just aren't true. But because of they've seen in the media, people feel these myths are in reality true.
Today we're planning to share three fables I hear most commonly. Perhaps not every one thinks these urban myths, but enough do, and others are uncertain what to trust, so that it warrants dispelling these fables now.
The first one is that health care reform only influences uninsured people. The 2nd one is that Medicare advantages and the Medicare plan isn't planning to be affected by health care reform. And then your last one is that medical care reform will probably lower the expense of healthcare.
Let's go through the first myth about healthcare reform just affecting uninsured people. In plenty of the discussions I have with customers, there are many words they choose: "I have coverage, therefore I won't be afflicted with ObamaCare," or "I'll only hold my grandfathered medical insurance plan," and the past one - and that one I will give them a little leeway, since part of what they're expressing does work -- is "I've group medical insurance, so I won't be suffering from healthcare reform."
Effectively, the truth is that healthcare reform is in fact going to affect everybody. Starting in 2014, we're planning to truly have a full new group of wellness plans, and those options have very wealthy advantages with a lot of added functions that the prevailing plans nowadays don't offer. So these new options are going to be higher cost.
People who now have health insurance will be transitioned in to these new ideas some time in 2014. So the protected is going to be straight suffering from that because the health programs they've today are going away, and they'll be mapped in to a new ObamaCare approach in 2014.
The uninsured have an additional concern in when they don't get medical insurance in 2014, they experience a requirement penalty. A number of the balanced uninsured are going to search at that penalty and claim, "https://www.partnership4health.com, the penalty is 1% of my altered disgusting revenue; I produce $50,000, therefore I'll pay a $500 penalty or $1,000 for health insurance. For the reason that event I'll just take the penalty." But in any event, they will be right affected by health care reform. Through the requirement it influences the insured in addition to the uninsured.
Persons which have grandfathered medical health insurance ideas are not going to be right suffering from healthcare reform. But because of the living period of these grandfathered health program, it's planning to create those plans more pricey because they find that there are options accessible today that they'll simply transfer compared to that have a richer set of benefits that would be more good for any chronic health problems they might have.