
Expanded coverage requirements and potential increased demand on physicians
April 5, 2010
Expanded coverage is set to begin January 1, 2014, and
continue through 2019, eventually providing access to approximately
32 million individuals currently considered uncovered. All U.S.
citizens and legal residents will be required to obtain coverage or
incur a tax penalty. In response to the increasing numbers of
insured, the demand for additional healthcare providers is
initially expected in primary care specialties, and then expanding
to other specialties.
Expanded coverage is expected in the form of three options:
1.) newly formed health insurance exchanges
2.) subsidies available to assist low-income individuals
3.) Medicaid expansion
Employers will not be required to provide coverage. However, employers with more than 50 employees that do not offer coverage will be charged an assessment if one or more of their employees utilize federal subsidies. Furthermore, employers that offer coverage and have more than 50 employees will also be charged an assessment if one or more of their employees utilizes federal subsidies. States are required to establish the health insurance exchanges (Exchange) effective January 1, 2014. Employers providing coverage are required to offer a free choice voucher for enrollment in a plan in the Exchange to employees with income less than 400 percent of the Federal poverty level.
There remains a significant amount of groundwork to be defined and implemented before the expanded coverage begins. The outcome of lawsuits and threats of repeal will also impact implementation of expanded coverage rules. These next few months promise to be challenging and unpredictable, as this bill begins to take shape.
Future articles will address physician payments, physician-owned hospitals, Medicaid programs, health insurance exchanges, the new Independent Payment Advisory Board and more.
If you have any questions about this article or if you would like more information about HORNE's Health Care Services, please contact Jennifer Lott at jennifer.lott@horne-llp.com or by phone at 601.268.1040.
