The Giants and Patriots provided America with yet another entertaining Super Bowl last night. With another game coming down to the last play, this reflected an important facet about American football, which of course is the importance of momentum, often resulting in victory for the last team with the ball. Still, I was puzzled last night as everyone around me gasped distinctly when the Giants running back accidentally “fell” into the end zone. The body language on the field was intriguing and the look on Giants’ head coach Tom Coughlin’s face was priceless. It was a legitimate fear– his team was going to lose because the other team has “THE” Tom Brady at QB.
Who is this Brady guy anyway? Is he THAT good? Perhaps he could help with the war on terrorism or possibly an even more monumental task, reforming an American health care system which is over-priced, over-regulated and threatening job creation right now. Don’t believe me? It is tax season right now. Go look at your documentation from last year and see if you are paying more out of pocket for health care costs than you were last year. My bet is unless your company has a comprehensive wellness program or has changed policies you will find, like I have, that you paid more in 2011 than 2010.
Many are out of work, under-employed and forced to cut costs because of rising gas prices and therefore food prices. Unfortunately for them, and now us because of emergency room utilization, they are often postponing treatments until they are too late. And this is very costly for ALL of us because of a concept called cost shifting. Basically, when a person does not have insurance and cannot pay, others with insurance are charged more. They do not usually know this because the paperwork is so vast that they end up filing it in the circular file cabinet. If you look at the itemized costs you can see that they are very inflated. This is largely because of charity care and emergency room utilization.
What is even more frightening is the strain the health care cost issue will have for future generations. This is for a multitude of reasons, and just like when a football team loses, as much as you want to blame the receiver that dropped the ball, the running back that fumbled, or the kicker that pushed it wide right, there are generally a lot of people any Monday Morning Quarterback could blame for how this got to be such a huge problem. At the end of the day we are all in this together and it will take a national solution to solve the problem.
The first step is making America’s healthcare system simpler and helping to filter the jargon. This has been the biggest antagonist to the business community since the uncertainty created by the Affordable Care Act has made it difficult to plan for the future. This would include, of course, hiring new employees, which would appease many politicians who like to talk about jobs, but do not know how to create them.
A common misconception by many is that the ACA is fully implemented. In fact, the implementation period will stretch over ten years during which time thousands of new rules and regulations will be put into place. Moreover, the ACA creates new benefits such as small business tax credits, early retiree reinsurance programs, etc., not to mention the introduction of insurance exchanges into the marketplace As such, many will find themselves seeking expertise about the new law if they have not already done so. Healthreformexplained.com is designed to help navigate this complex government bureaucracy. We look forward to continuing to provide source verified content on this subject in subsequent posts.