Perfil do usuário

Nate Cockram

Resumo da Biografia In the last few months we've seen a lot of Healthcare Reform rules and regulations being introduced by Health and Human Services Department. Every time that happens, the media gets hold of it and all kinds of articles are written in the Wall Street Journal, the New You are able to Times, and the TV network news programs talk about it. All the analysts start talking about the pros and cons, and what it means to businesses and individuals. The problem with this is, often one writer looked at the legislation, and wrote a piece about it. Then other writers start using pieces through that first article and spinning parts to fit their article. By the time the information gets widely distributed, the exact regulations and rules get twisted and distorted, and what actually is found in the media sometimes just doesn't truly represent the reality of the actual regulations say. There's a lot of misunderstanding as to what is going on with ObamaCare, and one of the things that I've noticed in discussions along with clients, is that there's an underlying set of myths that people have picked up about health care reform that just normally are not true. But because of all they have already heard in the media, people believe these myths are actually true. Today we're going to talk about three myths I actually hear most commonly. Not everybody believes these myths, but enough do, among others are unsure what to believe, so it warrants dispelling these myths now. The first one is that health care reform only affects uninsured people. The second one is that Medicare benefits and the Medicare health insurance program isn't going to be affected by medical care reform. And then the last one is that health care reform is going to reduce the expenses of healthcare. Health Care Reform Just Affects Uninsured Let's look at the initial myth about health care reform just affecting uninsured people. In a large amount of the discussions I have with clients, there are several expressions they use: "I already have coverage, so I won't be affected by ObamaCare, " or "I'll just maintain my grandfathered health insurance plan, inch and the last one - and this one I can give them a little bit of leeway, because part of what they're stating is true -- is "I have group health insurance, so I won't be affected by health care reform. " Well, the truth is that health care reform is actually going to affect everybody. Starting in 2014, we're going to have a whole new set of health plans, and those plans have very rich benefits with lots of extra functions that the existing plans today avoid offer. So these new plans are going to be higher cost. Health Care Reform's Effect On People With Health Insurance People that currently have medical health insurance are going to be transitioned into these brand new plans sometime in 2014. Therefore the insured will be directly affected by this because the health plans they have these days are going away, and they will be mapped into a new ObamaCare plan in 2014. Health Care Reform Effect On The particular Uninsured The uninsured have an additional issue in that if they don't get health insurance in 2014, they face the mandate penalty. Some of the healthy uninsured are going to look at that penalty and state, "Well, the penalty is 1% of my adjusted gross income; I actually make $50, 000, so Items pay a $500 penalty or $1, 000 for health insurance. In that case I'll just take the penalty. " But either way, they will be directly affected by health care reform. Through the mandate this affects the insured as well as the uninsured. Health Care Reform Effect On People With Grandfathered Health Plans People that have grandfathered medical health insurance plans are not going to be directly affected by health care reform. But because of the existence cycle of their grandfathered health program, it's going to make those plans more expensive as they discover that there are plans available now that they can easily transfer to that have a richer set of benefits that would be more beneficial for any chronic health issues they may have. For people who stay in those grandfathered plans, the pool of subscribers in the plan are going to start to reduce, and as that happens, the cost of those grandfathered health insurance plans will increase even faster than they are now. Therefore , individuals in grandfathered health plans may also be impacted by ObamaCare. Health Care Reform Effect On People With Group Health Insurance The last a single, the small group marketplace, is going to be the most notably affected by health care reform. Although the health care reform regulations predominantly have an effect on large and medium-sized companies, plus companies that have 50 or more employees, smaller companies will also be affected, despite the fact that they're exempt from ObamaCare itself. What many surveys and polls are starting to show is that some of the businesses that have 10 or fewer employees are going to look seriously at their own option to drop health insurance coverage completely, and no longer have it as an expense of the company. Instead, they will get their employees get health insurance through the health insurance exchanges. In fact , some of the carriers are actually saying they anticipate that up to 50% of small groups with 10 or fewer employees are likely to drop their health insurance plan at some time between 2014 and 2016. Which will have a very large effect on all people who have group health insurance, especially if they're in one of those small companies that drop health insurance coverage. It's not just uninsured that are going to be affected by health care reform, everyone is going to be impacted. Health Care Reform Will Not Affect Medicare The next myth was that health care reform would not affect Medicare health insurance. This one is kind of funny because right from the very get-go, the most notable cuts were specifically targeting the Medicare health insurance program. When you look at Medicare's part of the overall federal, you can see that in 1970, Medicare was 4% from the U. S. federal budget, through 2011, it had grown in order to 16% of the federal budget. Whenever we look at it over the last 10 years, from 2002 to 2012, Medicare is the quickest growing part of the major entitlement applications in the federal government, and it's grown simply by almost 70% during that period of time. Due to how large Medicare is and how fast it's growing, it's one of the key programs that ObamaCare is trying to get a handle on, so it doesn't bankrupts the U. S. Medicare will likely be impacted, and in fact the initial cuts to Medicare have already been set at about $716 billion. Medicare Advantage Cuts And The Effects Of that $716 billion cut, the Medicare Advantage program gets cut the most, and will see the bulk of the effects. What that's going to do is increase the premiums people spend on their Medicare Advantage plans, and reduce the benefits of those plans. Increased Medicare insurance Advantage Costs Right now, many people select Medicare Advantage plans because they have got zero premium. When given a selection on Medicare plans, they notice it as an easy choice because that is a free program for them, "Sure, We get Medicare benefits, I no longer pay anything for it; why not. inch Now they're going to see Medicare payments start to climb, and go from zero to $70, $80, $90, $100. We've already seen that with some of the Blue Cross Medicare insurance Advantage plans this year. It's going to get worse as we go forward in the future. My page: Dermatologist in gurgaon