Thursday, July 04, 2013

Healthcare Law Implementation Delayed

In a stunning move the Obama administration announced today to delay, until 2015, the healthcare law's mandate that larger employers provide coverage for their employees or pay penalties. But by delaying the mandate for businesses and it reporting requirements, the government will be unable to confirm before 2015 whether employers are offering insurance to their employees. Therefore, for officials running the exchanges it will be almost impossible to know in advance who is entitled to subsidies if employers do not report information on the coverage they provide to workers. In my opinion this move is a mistake and a major setback in our efforts to provide insurance for the millions of uninsured Americans and to offer physicians the opportunity to get reimbursed for the medical services they already provide for many of those who can't pay. Yours Bernd

No comments: