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Health Care Reform & the Supreme Court Decision Webinar Highlights

What I learned from today’s Health Care Reform & the Supreme Court Decision webinar by @DrinkerHealthGR

  • Supreme Court ruled Individual Mandate as constitutional.
  • Taxes will rise for both employers and consumers to help pay for the Healthcare Reform. I.e. excise tax, sales tax on medical device sales, investment income tax, Cadillac tax, Patient-Centered Outcomes Research Trust Fund Fee, etc.
  • Medicaid will expand in 2014 to cover all individuals under 65 with incomes up to 133% of the Federal Poverty Level (States may opt out).
  • Total Medicaid spending will reach $800 Billion and cover 17 million people if all States opt-in.
  • Access to coverage is uncertain for individuals whose incomes are between the Medicaid income threshold and the State Exchange Subsidies eligibility levels.
  • Wellness program incentives offered by employers will become more generous.
  • Some employers may simply drop coverage and pay the penalty, but it is too soon to tell.
  • Employers will have to prepare and distribute Summary of Benefits & Coverage disclosures to their employees with specific guidelines.

Visit www.capitolhealthrecord.com or www.drinkerbiddle.com for more information on the recent webinar.