2014 Healthcare Reform Insurance Rates: Vindication or Condemnation?
Depending on who you listen to, when California announced its 2014 individual health insurance rates for its state-sponsored marketplace, Covered California, it was either a “pretty good deal,” with “no sticker shock” that proved that the healthcare reform naysayers were crying wolf, or “Rate Shock” from a “blizzard of regulations and mandates [that] drives up the cost of insurance” demonstrating that the Democrats were driving the ship of state off a waterfall.
As usual, this discussion about healthcare reform starts from a partisan posture, with, on the one side, a healthcare expert from a left-leaning publication putting a positive spin on the news, and a healthcare expert from a right-leaning think tank spinning negative. So if everything you read out there is just political partisans trying to score points for their side, what’s the straight story?READ MORE
Add Accuracy and Drop Judgment: Use “Shared Responsibility Payment”
With one minor exception, I was delighted to read Emily Maltby’s and Sarah E. Needleman’s thoughtful article* in the Wall Street Journal on April 8, 2013: “Some Small Businesses Opt for the Health-Care Penalty.”
The minor exception and my feedback: let’s use the government’s own language of “Shared Responsibility Payment” instead of “Penalty” to describe the fee for not offering employer-sponsored healthcare coverage.READ MORE