Health Care Reform: Myth vs. the Reality
The complexity of the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 – the two statutes which made up the health care reform of 2010 – has led to confusion and misunderstanding about the impact of passage on small businesses.
Lars Parkin, an employee benefits broker with Bliley Insurance Group in Boulder, CO, and former president of the Front Range Association of Health Underwriters, recently spoke with MDM about common misconceptions and the impact of health care reform. He also addressed how small businesses can offset the impact of rising health insurance costs.
With so many moving parts, the Affordable Care Act – more commonly referred to as the health care reform act or Obamacare – can be difficult to understand.
“The legislation itself has something like 2,700 pages,” says Lars Parkin, an employee benefits broker and former president of Colorado’s Front Range Association of Health Underwriters. And experts estimate that the final regulations will be nearly 30,000 …