Tag Archives: insurance policies

The 8 Biggest Myths About ObamaCare: NCPA Report


Dallas, TX (PRWEB) May 29, 2014

While millions of Americans have already lost their health coverage due to ObamaCare, many more will see their health care disrupted as the new law changes the American health system, according to a new report from the National Center for Policy Analysis that debunks eight of the most pervasive myths surrounding the Affordable Care Act.

“Two months after ObamaCare’s open-enrollment finished, the cracks are showing,” says NCPA Senior Fellow John R. Graham. “Millions of people have lost their health benefits and have signed up for ObamaCare plans in health-insurance exchanges. They are discovering that they have limited access to care, and were even misled about which doctors are in their provider networks. Medicare, hospitals, skilled nursing facilities, and home-health care were raided for billions of dollars to pay for this new health program, which is already broken.”

For example –

Myth: If you like your health plan, you can keep it.


    Actually, 6 million people have had their insurance policies canceled, and another 19 million are enrolled in private health plans that do not comply with the Affordable Care Act’s requirements.
    Business’ employee health plans were supposed to be grandfathered into the law, but they lose that protection when small changes — such as a change in the deductible — occur.
    A government memo predicts that up to two-thirds of Americans with employer-provided health insurance will have to switch to more expensive, regulated plans and that, eventually, all plans will lose their grandfathered status.

Myth: If you like your doctor, you can keep your doctor.

    In reality, many exchange plans have narrow networks that limit a patient’s choice of doctor. In fact, a staggering 70 percent of California physicians are not in California’s exchange networks.
    Without an influx of new doctors, there is no realistic way to meet the demand that will be created by 26 million newly insured who seek to double their health care consumption. By 2015, the Association of American Medical Colleges predicts a shortfall of 21,000 primary care doctors.

Myth: There is an employer mandate to offer affordable coverage.

    Actually, an employer is fined $ 2,000 for each employee if he refuses to provide health coverage. $ 2,000 is generally cheaper than the cost of health benefits, so many employees will stop offering health insurance.
    Moreover, the Affordable Care Act incentivizes self-insured employers to offer very expensive coverage and require their employees to pay up to 9.5 percent of their wages in premiums and the full cost of coverage for their families. If an employee turns down this offer from his employer, he is not entitled to subsidies in the exchanges.

Myth: Health reform will lower the cost of health insurance by $ 2,500 a year per family.

    In fact, coverage will become more expensive for everyone outside of a small portion of older, low-income adults who have access to highly subsidized exchange coverage.

Graham also said, “The myths peddled by the Administration to sell ObamaCare are not harmless fairy tales, they have resulted in a program that is harming people’s access to health care.”

Full text: The Biggest Myths of ObamaCare: http://www.ncpa.org/pdfs/ib144.pdf

The National Center for Policy Analysis (NCPA) is a nonprofit, nonpartisan public policy research organization, established in 1983. We bring together the best and brightest minds to tackle the country’s most difficult public policy problems — in health care, taxes, retirement, education, energy and the environment. Visit our website today for more information.







Related Enroll Obamacare Press Releases

Shakopee (Spring 2014) – Insurance Continuing Education Class

Shakopee (Spring 2014) – Insurance Continuing Education Class
Event on 2014-04-15 08:00:00

AM – 8:00 AM – 12:00 PM – What's New in Insurance

MN Course # 1013456  WI Course # 68349

OBamaCare, Mega Data Mining, direct buying habits of auto insurance consumers, and the death of replacement cost for roofs are just some of the topics we will be reviewing in this half-day session. Underwriting, sales and marketing, and claims are all experiencing transformations. In these times of change an informed insurance professional can be an important part of the coverage product. This course is designed to bring you up to date on what you need to know.

 

PM – 12:00 PM – 4:00 PM – Ethics and Unfair Practices (Approved for Ethics!)

MN Course # 1009530  WI Course # 69007

The contractual rules of consideration and exchange apply to insurance policies. The information that is used to measure risk has to be given to the carrier if asked for or the contract can be void. At the time of loss, insurance companies have a responsibility to act in the insured's best interest. An insurance policy must indemnify a covered insured if the loss is caused by a covered peril. The entire insurance timeline is wrought with chances to behave in an unethical way. In this course we will discuss problem areas and what should be considered.

 

at Canterbury Park
1100 S. Canterbury Rd.
Shakopee, United States

Brainerd (Spring 2014) – Insurance Continuing Education Class

Brainerd (Spring 2014) – Insurance Continuing Education Class
Event on 2014-04-03 08:00:00

AM – 8:00 AM – 12:00 PM – What's New in Insurance

MN Course # 1013456  WI Course # 68349

OBamaCare, Mega Data Mining, direct buying habits of auto insurance consumers, and the death of replacement cost for roofs are just some of the topics we will be reviewing in this half-day session. Underwriting, sales and marketing, and claims are all experiencing transformations. In these times of change an informed insurance professional can be an important part of the coverage product. This course is designed to bring you up to date on what you need to know.

 

PM – 12:00 PM – 4:00 PM – Ethics and Unfair Practices  (Approved for Ethics!)

MN Course # 1009530   WI Course # 69007

The contractual rules of consideration and exchange apply to insurance policies. The information that is used to measure risk has to be given to the carrier if asked for or the contract can be void. At the time of loss, insurance companies have a responsibility to act in the insured's best interest. An insurance policy must indemnify a covered insured if the loss is caused by a covered peril. The entire insurance timeline is wrought with chances to behave in an unethical way. In this course we will discuss problem areas and what should be considered.

 

If you have questions please contact Dean Kilau at 1-320-240-0666. See our website for additional statewide continuing education session locations.

http://www.cityautoglass.com/CE_loc.html 

at The Lodge at Brainerd Lakes Red Sand Room 6967 Lake Forest Road Baxter, MN view a map
The Lodge at Brainerd Lakes Red Sand Room 6967 Lake Forest Road Baxter, MN
Brainerd, United States