Health care reform is desperately needed, no question. But if you talk to most insurance agents, what we've had so far is health insurance reform at this point.
NBC Nightly News last night brought to light a true 'unintended consequence' resulting from the way mandatory health insurance coverage for companies with more than 50 employees has been structured. If you have more than 50 full time employees, and full time in 'insurance world' is 30 hours a week, starting in 2015 (pushed back from a 2014 implementation because it was too complicated to figure out) employers can be penalized $2000 per employee if they DON'T offer it. And that's the simplistic version, it really gets much more complicated than that.
My group health clients are definitely in the 'under 50' employee bracket so I don't encounter this issue directly, but I do get asked questions frequently. Are we going to be come a nation of 'multiple part time job' employees because employers are being strangled by the cost of 'qualified' health care coverage? The White House last night released a statement that all this talk about job and hour reduction is 'anecdotal.' Anecdotal? Tell that to the employee whose hours are being reduced. Time will tell, so stay tuned!