Affordable Care Act: Burying Your Head in the Sand?

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I’m fairly certain that I’m not alone when I say that ignorance has been bliss when it comes to the Affordable Care Act (ACA), also known as “ObamaCare.”  As the realities of the Act become more apparent, it is clear that taxpayers and companies can no longer afford to bury their heads in the sand.  Aronson’s experts have been blogging about the impact of healthcare reform for some time (see the many postings by Mark Flanagan of our Employee Benefit Plan Services Group and others), as have countless others.  It’s in the news, on the radio and has been the subject of several books with titles like ObamaCare Survival Guide (currently ranked # 68 in books on Amazon).

I recently attended a Howard County Chamber of Commerce presentation aptly titled, ‘Navigating the Affordable Care Act,’ presented by Ronal Sroka, Jr., Esq., COO of Evolve Consulting.  Unsurprisingly, there was a lot of great information presented, but there was one slide that really made a strong impression on me.  This depiction of our new health care system under the Act can be credited to Congressional Rep. Kevin Brady (R-Texas).

Obomacare Chart

Overwhelming, to say the least.  So what do you take away from a visual like that?  Knowledge and communication is key!  Consulting with experts in the field can help you decipher the potential impact to your organization and find ways to mitigate any negative consequences of this noteworthy piece of legislation.  Contact Aronson’s Mark Flanagan at 301.231.6257 for more information.

 

 

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