by Tom aka Rusty Rustbelt
Health Care Thoughts: If you like you health care plan……
“If you like your doctor, you will be able to keep your doctor. Period. If you like you health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.”
quote President Obama
A bold claim when made, highly unlikely then and very demonstrably false now.
If you like your health care plan, if your health care plan fits your needs, if your health care plan is priced right but does not meet “essential coverage” requirements, it is being canceled (or repackaged and repriced). Up to 85% of the individual policy market may be in jeopardy, with policy holders scrambling to find coverage by January 1. Some small businesses will fall into the same trap.
The convergence of a mediocre economy, a weak labor market and ACA is causing employers to embark on a massive “risk shift,” pushing higher deductibles and co-pays down to employees. Maybe the same policy number, but decidedly different economics.
Can I keep my doctor? Maybe. As coverage networks are redrawn, and in many cases narrowed, many will not be able to keep their physician coverage. Period.
The blow up of healthcare.gov may turn out to be one of our smaller problems.