Within the last few few months we’ve seen a lot of Health Care Reform rules and regulations simply being introduced by the Health and Human Services Department. Every time that occurs, the media gets hold of it and all kinds of article content are written in the Wall Street Journal, the New York Times, as well as TV network news programs talk about it. All the experts start talking about the pros and cons, and what it means that will businesses and individuals.
The problem with this is, many times a person writer looked at the regulation, and wrote a piece regarding this. Then other writers start using pieces from that first report and rewriting parts to fit their article. By the time the results gets widely distributed, the actual regulations and rules have twisted and distorted, and what actually shows up in the multimedia sometimes just doesn’t truly represent the reality of what are the regulations say.
There’s a lot of misunderstanding about what is going on with ObamaCare, and one of the things that I’ve noticed in discussions with purchasers, is that there’s an underlying set of myths that people have listed about health care reform that just aren’t true. Nonetheless because of all they’ve heard in the media, people feel these myths are actually true.
Today we’re going to talk about some myths I hear most commonly. Not everybody believes these fallacies, but enough do, and others are unsure what to consider, so it warrants dispelling these myths now.
The first one usually health care reform only affects uninsured people. The second people are that Medicare benefits and the Medicare program isn’t getting affected by health care reform. And then the last one is that health reform is going to reduce the costs of healthcare.
Health Care Change Only Affects Uninsured
Let’s look at the first myth related to health care reform only affecting uninsured people. In a number of the discussions I have with clients, there are several expressions each uses: “I already have coverage, so I won’t be affected by ObamaCare, in or “I’ll just keep my grandfathered health insurance package, ” and the last one – and this one I can also give them a little bit of leeway, because part of what they’re indicating is true — is “I have group health insurance, i really won’t be affected by health care reform. “
Well, the reality is of which health care reform is actually going to affect everybody. Starting on 2014, we’re going to have a whole new set of health plans, circumstance plans have very rich benefits with lots of extra features which the existing plans today don’t offer. So these fresh plans are going to be higher cost.
Health Care Reform’s Effect On People With Medical care insurance
People that currently have health insurance are going to be transitioned into these brand-new plans sometime in 2014. So the insured will be directly with this because the health plans they have today are going away from, and they will be mapped into a new ObamaCare plan for 2014.
Health Care Reform Effect On The Uninsured
The uninsured have an additional issue in that if they don’t get health insurance within 2014, they face a mandate penalty. Some of the healthier uninsured are going to look at that penalty and say, “Well, the particular penalty is 1% of my adjusted gross income; I just make $50, 000, so I’ll pay a $500 penalty or $1, 000 for health insurance. In that case Factors just take the penalty. ” But either way, they will be right affected by health care reform. Through the mandate it affects typically the insured as well as the uninsured.
Health Care Reform Effect On People With Grandfathered Health Plans
People that have grandfathered health insurance plans are not going to often be directly affected by health care reform. But because of the life pattern of their grandfathered health plan, it’s going to make those blueprints more costly as they discover that there are plans available now that they can without difficulty transfer to that have a richer set of benefits that would be even more beneficial for any chronic health issues they may have.
For people who book those grandfathered plans, the pool of subscribers during the plan are going to start to shrink, and as that happens, the cost of those people grandfathered health insurance plans will increase even faster than vehicle. Therefore , people in grandfathered health plans will also be influenced by ObamaCare.