Healthcare Reform

Nov 2nd, 2012 | By | Category: Geri Roskopf's Blog

I received a letter from my health insurance agent. It started with: “There are some issues about the Affordable Care Act (ACA) that need to be discussed.”

I’ve read the content of the letter a couple of times. If you think the government has a lot of acronyms for the transportation industry, try insurance: ACA, FSA, SBC, CHIPRA, Part D and COBRA.

One of the major concerns listed for small employers is the mandatory coverage and accompanying fines of 2014. The letter stated that for employers of less than 50 “full-time equivalents,” the mandatory coverage and fines would not apply. I do not have 50 employees, so I guess I don’t have to worry about that part of the changes, but the letter did indicate I’ll see premiums increase, partly because only designated plans will be allowed. I began to get a headache.

Just for the heck of it, I looked up the word “reform.” The definition I found: “make or become better by the removal of faults and errors, improve, emend, rectify, correct.”

Yeah, not too sure that reform is the right word to use here — just not seeing the “make or become better” part.

I really like my health insurance agent, he’s always on top of things and very reliable, but the letter ended with: “We urge you to contact us as questions arise. There is much confusion …”

No kidding! If he’s confused, I really don’t know what I am. Let’s hope when all is said and done, the Affordable Care Act lives up to the definition of “reform.”