Question

The impact of the PPACA has already been felt nationwide. Since the new law puts additional burdens on employers, is it likely that employers will reduce other benefits in order to compensate for the increased expense?

Answer 1

Obamacar affect on Organizations:

The Obamacare will affect many aspects of health care across the nation. Below are five ways the new law will influence procedures surrounding hospitals, doctors, nursing homes and insurers.

1. Hospitals: The Affordable Care Act allows the federal government to withhold Medicare payments from hospitals if too many patients return within 30 days of discharge for certain ailments such as a heart attack or pneumonia. There will be more emphasis on improving the quality of care in hospitals by reducing complications from infections.

2. Doctors: Doctors expect to see more patients showing up for annual physicals, which will be covered under the new law. That means doctors may be able to spot health problems early, before they reach a crisis. The law forces physicians to convert their handwritten patient files to electronic medical records, offering financial incentives if conversion is completed and electronic files are used in a meaningful way.

3. Nurse: Most private health insurance plans did not pay for nursing homes or assisted living before the new health care law, and that isn’t changing. Some nursing facilities will also receive a bundled payment for all services delivered during what the government refers to as an “episode of care,” such as a heart attack or hip replacement.

4. Insurance: will now be able to charge families at different rates based on the number of children. Insurers can now charge a family with three kids more than a family with two kids, according to the Centers for Medicare and Medicaid Services. There will be a new limit on how much executive pay insurance companies can deduct from their taxes limits similar to those the government put on troubled banks that took federal bailout money.

C. Trump Administration:

President Donald Trump repeals and replaces the Affordable Care Act or Obamacare with reforms that expand choice, increase access, lower costs, and at the same time, provide better health care. Trump said Obamacare's mandate that nearly all Americans have some form of health insurance or face a fine "was never the right choice for America. Obamacare has been credited with expanding health coverage to 20 million Americans in the past six years. But Trump, said there are more than enough reasons for lawmakers of both parties to get together to get rid of the law.

Trump's outline for replacing Obamacare included:

1. Ensuring people with pre-existing health conditions are guaranteed "access" to health insurance, "and that we have a stable transition for Americans currently enrolled in the health-care exchanges.

2. Giving people who buy their own health coverage tax credits and expanded health savings accounts to help pay for their coverage, as well as flexibility about the design of their plans.

3. Give states "the resources and flexibility" in their Medicaid programs "to make sure no one is left out." Medicaid covers primarily poor people.

4. Legal reforms can protect doctors and patients from unnecessary costs that drive up insurance costs, and to bring down the price of high-cost drugs.

5. Creating a national insurance marketplace that allows insurers to sell health plans across state lines.

Trump effect on organizations:

President Donald Trump repeals and replaces the Affordable Care Act or Obamacare with reforms that expand choice, increase access, lower costs, and at the same time, provide better health care. Trump said Obamacare's mandate that nearly all Americans have some form of health insurance or face a fine "was never the right choice for America. Obamacare has been credited with expanding health coverage to 20 million Americans in the past six years. But Trump, said there are more than enough reasons for lawmakers of both parties to get together to get rid of the law.

However, the American Health Care Act of 2017 was very recently introduced by the Trump Government which is a US Congress bill in order to repeal the above Obamacare reform. The Senate Republicans introduced a bill that could make deep slashes upon the Medicaid and the termination of the mandatory clause of Americans being covered into the health insurance sector. Accordingly, a new system was created with respect to the federal tax credits. The advantage to the patients has been that it has made the health insurance affordable to them. It has further attempted to do away with the requirements of the Affordable Care Act. However, with this recent change, the impact on the patients are still not full known with the apprehensions in the country that this reform might as well leave many of the patients uncovered with the Health Insurance policy due to the repeal of Affordable Care Act. The bill has incorporated certain provisions in terms of to offer more financial assistance to the patients in the lower income bracket with the view to discharge them from paying higher premiums to the private insurance players. The earlier bills were little more expensive for the older patients who had to pay five times than the general medical insurance holders but the recent bills have eased the burden of the premiums to just three times than what the younger lot has to pay. Hence in this way, the most recent care health reforms bills have attempted to cover the patients at an affordable rate with whichever program possible in execution of the same.

Trump effect on organizations:

Trump proposed to block grant Medicaid to the states. Beyond directing greater flexibility and grassroots led control over spending to individual states, he argued that changing the model from an entitlement program to a block grant will further encourage states to seek out and Healthcare and the Trump effect eliminate fraud, waste, and abuse. Critics of this approach suggest millions of low income Americans on Medicaid could lose their health coverage. These critics reference proposed spending cuts to Medicaid and potential repeal of the ACA, because the ACA delivered federal funding to states to expand Medicaid eligibility beginning in 2014. The most recent Medicaid enrollment data reveal that about 60 million Americans have Medicaid, and about half are children.