he Affordable Care Act not only drastically changes how health care is delivered but sharply alters the underpinnings of California’s economy. To get a deeper sense of health care reform’s impact on the Golden State, Capitol Weekly talked to Micah Weinberg, PhD, a senior policy advisor at the Bay Area Council and CEO of Healthy Systems Project, a health care consulting firm based in Sacramento.
Nearly 150 attendees attended the forum to hear more about the looming impact of health care reform on business and the medical community. Under the Affordable Care Act, individuals and small businesses can start enrolling in the Covered California health care exchange Oct. 1.
With all the hullabaloo over Obamacare, you might think a radical transformation of your health insurance is imminent. But the noisy claims from both sides notwithstanding, the reality is that the changes next year are likely to be pretty subtle for the vast majority of the 170 million who get insurance through the workplace.
The U.S. Treasury Department on Thursday issued proposed rules aimed at easing the requirements for companies and insurers when they report employees’ health coverage information to comply with President Barack Obama’s signature healthcare law.
Health care has been a critical reason people seek employment, but now it is being seen as mission critical by employers, according to Josh Stevens, CEO of Keas, an employee health and wellness company. They released an HR executive survey about the coming open enrollment season, where employees have the opportunity to enroll or make changes to their healthcare plans.
Among the various attacks on the Affordable Care Act, one of the more coherent — a low bar, given what’s out there — is that it is causing small employers to create part-time jobs so as to remain under the 50 full-time worker cutoff for the employer mandate. The problem for those who want to come at the law from that angle, however, is that though the incentive exists, the evidence does not.
But despite Raz’s warnings, the dramatic rise in part-time work hasn’t been so dramatic. Since Obamacare was signed, part-time workers have increased by just 2 percent. Full-time workers have increased by 5 percent. From Kevin Drum:
Small-business hiring and confidence about the future are rising, a signal of the economy’s growing strength and diminishing concerns about employee insurance coverage required by the new health care law.
The cost of job-based health insurance rose slowly in 2013 from the year before and the percentage of companies offering health benefits to workers remained stable, according to a survey of employers published Tuesday.
A one-year delay in requiring large employers to provide health insurance to their workers will not significantly hurt the goals of the Affordable Care Act, but a repeal of the requirement would seriously undermine financial support for the law, according to a new RAND Corporation study.