What ACA means to New York businesses [Westchester County Business Journal (NY)]
By Barron, Sam | |
Proquest LLC |
With the re-election of President
On
"The law is intended to make sure that we have universal health care in the private marketplace,"
In
The ACA will provide more than
"If the employer had 55 employees and did not provide health insurance and the employees received subsidies to help with the purchase of .insurance through the exchange, the employer would be assessed a penalty for the last 25 employees," Holahan said.
Businesses with less than 50 full-time employees could receive credit for up to 35 percent of, coverage. An estimated 20,000
Holahan said that the exchange will allow employers to compare and easily enroll in health plans. Health plans will be assigned a rating, and must offer essential health benefits. Unlike other states, which were waiting until the results of the election to establish an exchange, Holahan said that
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The state is also conducting five regional advisory committees, where 200 individuals are invited to participate to provide advice in the planning and implementation of the exchange.
Holahan said that the exchange will cause one million New Yorkers to gain insurance, and the uninsured rate in the
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"They figured out how to cover people, but how do we drive results?" Moree said. "There is a lot of learning we have to do. The information does not give you an action plan. Who can read these documents? Who can get past page two? There is a lot of ground we have to make up."
Moree said the
"Seize the opportunity," Moree said. "Health management can be a real organizational strategy, but it requires an integrated and sustainable approach. You won't know what data helps fill in the picture until you start asking, interpreting and applying."
Copyright: | (c) 2012 Westfair Communications |
Wordcount: | 640 |
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