Not an unreasonable thought. The elections will determine a
great deal. If the Republicans do gain the White House as well a strong
majority (min 60) of the Senate while retaining control of the House, changes
to PPACA could happen quickly. Anything less will bog things down and changes
will be slow. A good example of this is the bill that passed in House repealing
PPACA, which passed on Wednesday. It was
more a symbolic gesture than legislation that would actually go anywhere, at
least until the above mentioned shifts within the legislature takes place.
Since the original PPACA bill has passed, some of the
amendments have been postponed and others even overturned. Although, the bulk of the legislation is
still in place to take affect over the next 6 years, with the majority of it
being implemented in 2014.
So, should we wait until the elections are done and see
where the cards may lie? I guess the way
I like to look at it is plan for worst and expect the best. Then you are prepared no matter which way it
goes, or how long it takes. The most important thing is to stay informed
utilizing reliable sources such as your benefits advisor. Beware of a great
deal of misinformation on the internet and TV news media. Check your sources
carefully.
On another note,
what is Alaska doing? The proposal for the Alaska State Exchange by the
Public Consulting Group
is out and available to the public on the State of Alaska website. Our Governor refuses to fund an Alaska health
exchange stating that a federally mandated law should be funded by federal
funds. Things could get very
interesting. Agree or not with his decision, the Governor brings up an
important issue: should States be forced to pay for a federally mandated program?
It was a question that needed to be asked… what type of autonomy do we have as
a State….now for an answer?
K.
Michael Ward is an Advisor at The Wilson Agency, a full service strategic
employee benefits consulting firm, helping Alaskan businesses to develop an
organized approach to complex employee initiatives.
The Wilson Agency, LLC 3000 A Street, Suite 400 Anchorage, Alaska 99503
907.277.1616 info@thewilsonagency.com
907.277.1616 info@thewilsonagency.com
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