By: Lauren Corbett
The uncertainty of the Health Care Reform has just about everyone talking. A survey of 1,027 employers conducted by the International Foundation of Employee Benefit Plans found that two-thirds of employers expect the mandate for individuals to purchase health insurance or face fines will be struck down, 19% expect the law to be remain unscathed and 15% expect the law to be struck down in its entirety. Going into further in detail about what employers wanted to retain out of their PPACA’s provisions, one-third want to be able to offer larger wellness incentives, nearly one-quarter would like to keep the provision that eliminates required pre-existing condition exclusions, and 22% would like to keep required coverage for adult children up to age 26. Out of the employees that have been asked what they wanted to retain from the PPACA’s provision they matched up well with what their employer’s answered. Employees answered stating:
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59% of the respondents required coverage of adult children up to age 26
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34% said the elimination of pre-existing condition exclusions
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32% said the provision that eliminates cost sharing for preventive care.
With employers and employees on the same page in their health care needs hopefully agreements will satisfy both. We expect a decision from the Supreme Court regarding the Individual Mandate and Medicaid Expansion be the end of the July. For more information on the Health Care Reform: http://www.healthcare.gov/
*Source: http://businessfinancemag.com/article/employers-wait-supreme-court-rule-health-care-reform-0612
