Since President Barack Obama signed into law the Patient Protection and Affordable Care Act (PPACA) in March 2010, there has been endless chatter throughout the country on whether it would ultimately be implemented, repealed or significantly changed prior to 2014 – the deadline for most employer provisions of the law to become effective. Politicians at the federal and state level, including numerous governors, have called for its repeal, and health care is shaping up to be a deciding issue in this November’s presidential election.
As we all know, a constitutional challenge to the law brought by 26 state attorneys general was turned-back in a 5-4 decision of the Supreme Court on June 28, 2012. Although the Court has ruled, the long-term fate of the PPACA is still far from certain. Republican lawmakers in Congress remain committed to “repealing and replacing” the law, and the House of Representatives has scheduled a floor vote on a repeal measure on Wednesday, July 11. But further action in 2012 on health care in the Senate is doubtful.
Clearly, the stakes in this year’s presidential election for the law couldn’t be any higher. Presumptive GOP nominee Mitt Romney has already pledged he will repeal the law on his first day as president. If President Obama is re-elected to a second term, he is certain to veto any effort to repeal his major domestic legislative accomplishment to date.
Unless the law is repealed or signficantly amended, human resource professionals need to prepare for its full implementation. Key elements of the law scheduled to become effective in 2013 and 2014, as highlighted in SHRM’s Health Care Reform timeline, include health FSA changes, employer notifications and W-2 reporting requirements (2013), and insurance reforms for grandfathered plans, employer and individual mandates, and automatic enrollment (2014).
Need More Information? Plan to participate in this on-line webinar tomorrow and check out SHRM's Special Report on the Supreme Court's ruling!
Ready, Set, Go! Positioning Your Organization for Health Care Reform
July 11, at 4 p.m. ET/1 p.m. PT
Presenter: Gary Kushner, Kushner & Company
The Supreme Court's decision makes clear employers need to get ready for the new rules involving health care. Employers and policymakers in Washington have been delaying implementation in anticipation of the Court's decision. Now, with the health care reform law upheld, there are important steps employers need to take for 2013 and beyond. In this 90-minute program, Gary Kushner, one of the country's leading benefits experts, will describe employers' obligations under the health care law. The program will include analysis about the type of benefits employers should offer, and whether eliminating some or even all coverage is practical. The program will outline a three-year plan that will help you ensure your benefits plans are consistent with the law. To register, click HERE.
SHRM’s Special Report on the Supreme Court Health Care Ruling – click HERE.