What Is Health Care Reform?

Information for businesses and individuals.

Health care reform in the United States is the thing that everyone has been xlking about because the country does not want to have socialized medicine. The fear of having a socialist economy has frozen America where health care is concerned for decades, and health care reform keeps coming up because people believe that the Affordable Care Act is worth it, but other people think that it is almost a communist ideal. Reform now if focusing on how people can get the care they need without dying in the hospital or just skipping the hospital altogether.

Who Is Paying?
Every country in the world has people who can pay for their health care up front, but there are many others who cannot. The idea to find a way to make sure that everyone is going to get care that is going to be fair. The is hard because people are going to think that the government should either take it over or stay out of it. The only way for most people to get their ideas through is to compromise.

Did ACA Work?
The Affordable Care Act worked in that it got a lot people health care who did not have it before. The problem is that many insurance companies decided that they were going to have to jack up prices to be able to keep up with demand. These companies could have lowered their prices to make just as much money, but they decided that they were going to use the captive audience to get just they wanted. That caused a vacuum in health care that no one can fill because some people still cannot afford it.

This is how some people say that the act did not work because everything is so pricey. The government chose not to regulate insurance companies, and these insurance companies are going to charge as much money as they possibly can while they are still allowed to. The reforms today on the table are looking for ways to get people the care they need and to keep insurance companies from charging so much. This is the major challenge today.

Everyone Else Is Socialized
Pretty much every other country in the world has social medicine, and it works just fine. These countries charge more in taxes, but that is what those taxes go to. People in America do not realize that the money they once spent on health care would guarantee everyone the care they need. You could get a social medicine card, and then you would be able to get care any time without any problem. You would avoid all the insurance problems, and you will be able to make sure that everyone is cared for.

People who reject that in America are trying to make sure that insurance companies will be able to make as much money as they want, but the simple fact is that insurance companies are run by imperfect humans. No one is going to be able to get the care they need as long as someone at the top is trying to make a lot of money off people who need care.

Health Care Systems
There are some big health care systems that are swallowing up whole markets in America, and these companies are going to put a stranglehold on whole communities so that people will only be able to go to their clinics or offices. This is a major problem for people in America who want to be able to go where they want, and that is going to keep being a problem until the monopoly laws are put into the place to help keep the market free.

The free market health care system in America can be reformed when both sides are willing to acknowledge that the other side is right about a few points. Combining both ideals into one system could work quite well, but no one on either side wants to budge. Health care reform will not go forward until all the people in America who are interested in it are willing to look at both sides and decide that they need to compromise. That compromise has not happened yet, and that is why there is not yet reform.

Americans are going to swirl around this issue until they are all sick or until they come to a conclusion. There is a bullheaded nature in the country that is preventing this platform from getting fixed, but it could come soon when insurance companies even overcharge the wealthy.

Information for Small Businesses About the Health Care Reform

Since health care reform went into effect in 2010, many employers wonder what impact it will have on their small business. Some policies in the Affordable Care Act deal specifically with small business owners, and all employers should be informed of their options for providing health care for their employees.

Businesses with more than 50 full-time employees have a mandate to provide health insurance. If they choose not to offer a health care plan, they must pay a fee of $2000 per uncovered employee, with the first 30 employees exempt. Employers with fewer than 50 employees have no mandate, but they have the option of providing health insurance through the Small Business Health Options Program, or SHOP. The SHOP allows employers to find higher-quality insurance at lower costs. Employers using the SHOP have considerable flexibility; they can let their employees choose from multiple plans and they can decide how much they will pay toward their employees' premiums. In 2016, the SHOP will open for employers with fewer than 100 full-time employees.

Additionally, business with fewer than 25 employees can potentially receive the Small Business Tax Credit according to the Las Vegas CPA advisors. If the employer pays annual wages of less than $50,000 and contributes at least 50 percent toward the employees' premiums, they may qualify for the tax credit, which can be worth up to 30 percent of the employer's premium.

The health care reform also offers new incentives for workplace wellness programs that do not discriminate against any employees. These incentives can be up to 30 percent of the cost of health coverage. Workplace programs to prevent or reduce tobacco use can be rewarded with up to 50 percent of the cost of health coverage.

With the health care reform, employers offering health insurance have some new responsibilities to their employees. Employers must offer health insurance to new employees within 90 days of their starting date, and must provide a Summary of Benefits and Coverage form explaining the insurance plan to their employees. Insurance plans now cannot refuse health care to people with preexisting health conditions, and children under the age of 26 can qualify as dependents and be covered under their parent's plan.

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