Four years after the passage of the Affordable care Act (ACA) there is still great debate on the law’s outcomes. How many uninsured will enroll? Will ACA create doctor shortages? Will death panels ration medical care? And the trillion dollar question: will the cost of health insurance go up, down or stay about the same?
Stay tuned to read the full article in the June issue of the CalCPA Magazine.
Ron Lang, CEO of the California Society of CPAs Group Insurance Trust, discusses how health care reform has changed the face of health care plans by covering the following topics: plan designs and pricing, network options, California Health Benefit Exchange, current and future regulatory changes and what we can expect for 2015. (Video taken at CalCPA Education Foundation’s Health Care Conference on 4/29/2014).
The Patient Protection and Affordable Care Act (ACA) drastically changes all the business rules and now many seem surprised at the displacement it is causing. Policy cancelations, and plan changes for 2014 are being widely reported in the individual and small group markets. While the ACA is providing access to coverage for folks with pre-existing conditions and premium subsidies to lower income levels; high percentages of the currently insured are being regulated into different benefit and rate structures.
The ACA and California regulations that are primarily responsible for this displacement are: Read more
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