Economic Impact

The economic impact of reform is different for every employer. Your decisions around health care coverage depend on:
 
Your Company and Existing Benefits 
  • Number of employees
    • Are you required to offer your employees health insurance as a benefit?
  • The amount employees contribute toward premiums vs. what you contribute
    • Will you need to make salary adjustments to make the coverage affordable?
  • Your insurance plan's anniversary date
  • How many employees participate in your plan
  • Your grandfathered status
The Characteristics of Your Workforce
  • Average income of employees
    • Will they be eligible for federal subsidies?
  • Demographics of your workforce
    • Age, family structure, etc.
External Factors
  • Individual premiums
  • How rates on the individual market compare to rates for group pricing
  • Penalties and subsidies
  • Expect ongoing changes in individual subsidies and employer penalties
 
Need Help?
Although they cannot offer legal advice, your BCBSND account executive can help you sort through the factors that impact your organization.

Contact An Account Executive


Health Reform Presentation link