By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    rollder skating exercise
    Is Roller Skating A Good Exercise For Runners’ Health?
    December 14, 2022
    complex carbs vs simple carbs
    Why Are Complex Carbs Better Than Simple Carbs?
    February 27, 2023
    Private Practice
    11 Ways To Modernize Your Private Practice
    May 17, 2023
    Latest News
    How Probate Planning Shapes the Future of Your Estate and Family Care
    July 17, 2025
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    FDA Approves “NoTouch” BreastScan Device
    March 7, 2012
    Do Republican Presidential Candidates Have any Good Ideas on Health Care?
    August 30, 2011
    Are Women Getting Crazier? Medco Seems to Think So
    March 21, 2012
    Latest News
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
    How Health Choices and Legal Actions Intersect After an Injury
    July 17, 2025
    How communities and healthcare providers can address slip and fall injuries with legal awareness
    July 17, 2025
    Let Your Lawyer Handle the Work Before You Pay Medical Costs
    July 6, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Some Companies to Consider Jettisoning Coverage under Exchanges by 2014
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Health Reform > Some Companies to Consider Jettisoning Coverage under Exchanges by 2014
Health Reform

Some Companies to Consider Jettisoning Coverage under Exchanges by 2014

MichaelDouglas1
MichaelDouglas1
Share
3 Min Read
SHARE

A lot of what happens in 2014 will depend on what happens in 2012. Take this item, for example:

A large majority of employers in both studies said they expect to continue offering benefits once the exchanges start. But former insurance executive Bob Laszewski said he was surprised that as many as 8 or 9 percent of companies already expect to drop coverage a couple of years before the exchanges start.

 

A lot of what happens in 2014 will depend on what happens in 2012. Take this item, for example:

A large majority of employers in both studies said they expect to continue offering benefits once the exchanges start. But former insurance executive Bob Laszewski said he was surprised that as many as 8 or 9 percent of companies already expect to drop coverage a couple of years before the exchanges start.

 

Apparently, according to this survey, some employers are considering dropping their employer-sponsored plans on the heels of reform-generated healthcare exchanges. The decision by these companies to consider foregoing the costs of their coverage if they assume that fines levied will be a “cheaper” option is somewhat problematic, perhaps in the short term. If recruitment of workers is affected by a move to shutter employer-sponsored plans, for instance, smaller companies may have to rethink this strategy — especially in the face of likely government subsidies starting in ’14, that will assist them in this endeavor of corporate coverage.

For larger companies that can resist the likely call by GOP rabble-rousers as contributing to government-run “dumping” of consumers into exchanges, the joke may be on the punditry — as the entire healthcare marketplace would likely benefit from the influx of potential consumerism and competition among private carriers within those government created exchanges. Sure, some companies may be thinking of making these “painful” decisions now, but we will have to get through ’12 first to see exactly what forms insurance purchasing in the expanded marketplace will take. This point may be a moot one by January 2013.

Related posts:

  1. Many Uninsured in Illinois to Apply for Coverage During Transition under Reform Illinois will offer this week the first-in-the-nation coverage plan for…
  2. Sebelius Announces Additional Grant Funding for Exchanges under Reform States are now able to ask for even more in…
  3. Young Adult Coverage Provision under ACA Beats Fed’s Expectations It’s that time of year again. Graduation. In the spirit…

 

TAGGED:healthcare reforminsurance exchanges
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Grounded Healing: A Natural Ally for Sustainable Healthcare Systems
How IT and Marketing Teams Can Collaborate to Protect Patient Trust
Global Healthcare Policy & Law
July 17, 2025
paramedics in surgical gloves and masks
How Health Choices and Legal Actions Intersect After an Injury
Health care
July 16, 2025
a woman giving a key
How Probate Planning Shapes the Future of Your Estate and Family Care
Health
July 16, 2025
a woman with kinesio tapes on her back arm
How communities and healthcare providers can address slip and fall injuries with legal awareness
Health care
July 16, 2025

You Might also Like

ID-100246949
Health ReformMedical RecordsPolicy & LawPublic Health

ICD-10 Delay: What It Means to You

April 18, 2014

How Massachusetts’ Commonwealth Connector is Better than Utah’s Health Exchange

March 11, 2011
healthcare.gov homepage
Health ReformPolicy & LawPublic Health

Interest in Obamacare Slowly Increasing

November 8, 2013

Broward Health Agrees to Pay Almost $70M to Settle False Claims Act Allegations – Whistleblower Could Receive More Than $12M

September 25, 2015
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?