The situation with that is, often one author viewed the regulation, and wrote a bit about it. Then different writers start using parts from that first article and rewriting parts to match their article. By the time the information gets commonly spread, the actual regulations and rules get complicated and deformed, and what actually shows up in the press sometimes only doesn't really represent the reality of what the regulations say.
There's a lot of misunderstanding about what's planning up with ObamaCare, and one of the issues that I've noticed in discussions with clients, is that there's an main group of myths that individuals have acquired about health care reform that only aren't true. But because of most they've heard in the press, persons think these myths are actually true.
Today we're going to speak about three myths I hear most commonly. Not every one feels these fables, but enough do, and the others are uncertain what to trust, so that it warrants dispelling these urban myths now.
The initial one is that health care reform only affects uninsured people. The second one is that Medicare advantages and the Medicare plan isn't going to be afflicted with health care reform. And then the last one is that healthcare reform will lower the expenses of healthcare.
Let's consider the first myth about medical care reform only affecting uninsured people. In plenty of the discussions I have with customers, there are several expressions they use: "I already have protection, therefore I won't be suffering from ObamaCare," or "I'll only hold my grandfathered medical insurance strategy," and the past one - and this one I can let them have a bit of leeway, since element of what they're stating does work -- is "I've party medical insurance, therefore I won't be suffering from health care reform."
Effectively, the truth is that healthcare reform is in fact going to influence everybody. Starting in 2014, we're planning to really have a full new pair of health options, and these plans have very wealthy benefits with a lot of extra characteristics that the prevailing plans today don't offer. Therefore these new plans are going to be higher cost.
Individuals who actually have health insurance are likely to be transitioned in to these new options sometime in 2014. Therefore the covered will be immediately affected by this since the health options they have nowadays are getting away, and they will be mapped in to a new ObamaCare strategy in 2014.
The uninsured have yet another issue in that when they don't get health insurance in 2014, they experience a mandate penalty. A number of the balanced uninsured will look at that penalty and state, "Well, the penalty is 1% of my modified major money; I make $50,000, so I'll spend a $500 penalty or $1,000 for health insurance. In that situation I'll simply take the penalty." But in either case, they will be immediately suffering from healthcare reform. Through the mandate it affects the insured as well as the uninsured.https://www.partnership4health.com
People that have grandfathered health insurance ideas aren't going to be immediately afflicted with medical care reform. But due to the life routine of their grandfathered wellness strategy, it's planning to create those options more costly as they discover there are ideas available today that they may easily transfer to that have a thicker group of advantages that would be more very theraputic for any chronic health problems they may have.
For folks who stay static in those grandfathered options, the share of customers in the program will begin to shrink, and as that takes place, the price of these grandfathered health insurance ideas will increase even more quickly than they are now. Therefore, persons in grandfathered wellness ideas is likewise impacted by ObamaCare.
The final one, the small class market place, is going to be the most significantly suffering from health care reform. Even although the healthcare reform rules predominantly influence big and medium-sized businesses, and businesses that have 50 or maybe more workers, smaller companies will also be influenced, although they're exempt from ObamaCare itself.
What many surveys and polls are starting to show is that a few of the companies that have 10 or fewer workers are going to look severely at their choice to decline health insurance coverage completely, and no further own it as an price of the company. Alternatively, they will have their workers get health insurance through the health insurance exchanges.
In reality, a few of the companies are now actually stating they assume that around 50% of small teams with 10 or fewer personnel are likely to drop their health insurance plan some time between 2014 and 2016. Which will possess a large effect on all people who have party medical insurance, particularly when they're in one particular small companies that drop medical insurance coverage.