Title

The Effects Of National Health Care Reform On Local Businesses-Part 1: The Law And Its Applicability

Keywords

Health care reform; Health insurance; Patient protection and affordable care act; Small business

Abstract

This is part 1 of a 3-part series that presents a comprehensive examination of the results that can be expected from the 2010 national Health Care Reform legislation. Political pundits have speculated endlessly on the many changes mandated by the legislation, titled the Patient Protection and Affordable Care Act. A review and assessment of this legislation at several levels (federal, state, state agency, local region, and individual business leaders) were undertaken. The results of this expanded analysis suggest strongly that members of the business community and their employees will benefit from the legislation early on (years 1-3) and then likely will be impacted adversely as the payment mechanisms driving the legislation are tightened by new federal regulations (year 4 onward). Businesses will likely be immediately impacted by the legislation, with small business owners being the prime beneficiaries of the new legislation owing to the availability of coverage to approximately 32million individuals who previously had no access to coverage. In that regard, the soon-to-be newlyinsured population also will be a prime beneficiary of the legislation as the limitations on chronic illnesses and other preexisting conditions will be reduced or eliminated by the legislation. Copyright © 2012 Wolters Kluwer Health | Lippincott Williams & Wilkins.

Publication Date

1-1-2012

Publication Title

Health Care Manager

Volume

31

Issue

1

Number of Pages

3-24

Document Type

Article

Personal Identifier

scopus

Socpus ID

84858677892 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/84858677892

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