Though it doesn’t explicitly address rates for employee benefits, a new reports suggests that health plan premiums are on the rise, the main reason being the changes that the Patient Protection and Affordable Care Act has created.
More than 5 in 10 likely voters – 53 percent – indicated that they believe the overall caliber of medical treatment and services will worsen under the ACA, according to a newly released Rasmussen Reports poll.
Even though the employee benefits mandate has been postponed to 2016 – giving business places more of an opportunity to abide by the Patient Protection and Affordable Care Act – fewer employees signed up for coverage through their workplace this year, particularly among men and women under the age of 30.
Whether due to employee benefits or enrollment through the federal and state-based exchanges, the nation’s uninsured rate recently hit a near 10-year low, according to the results of a recent survey.
On average, the ACA has the potential to cost business owners between $4,800 and $5,900 for every employee they have on staff, according to a new survey performed by the American Health Policy Institute.
Though details are still sketchy about just how many people now have employee benefits or a private policy thanks to the Affordable Care Act, new numbers have been revealed regarding how many people weren’t fully covered in 2012 and those who gained coverage as a result of the health care law.
While the individual enrollment deadline has been extended numerous times and the business owner mandate – requiring large companies to provide employee benefits to their workers – has been put off until 2016, these postponements may ultimately lead to higher premiums when it’s all said and done.
To help clarify things, health insurance information firm HealthPocket has put together a summary of all the dates in which consumers need to enroll or face the risk of being penalized.
Approximately one-third of individuals who have selected ACA marketplace plans did not have a private plan or employee benefits prior to enrolling, according to a report performed by the public policy think tank Rand Corporation.