Tuesday of this week was a big day in the news for those of us watching developments in the implementation of the Affordable Care Act (ACA).
Here is a quick summary:
- President Obama released a much shortened version of the application for health insurance. If you have been following Virginia Medical Plans on Facebook or LinkedIn, then you remember we unveiled the preliminary draft back in March, which was a 15+ page, 21-step application for families. Although it will still be a complex process, we are glad the form has been simplified in response to industry criticism and comments.
- President Obama also acknowledged that we will see a few “glitches and bumps” over the next year as the next phase of ACA is implemented. Of course, depending on who you ask, these bumps will either be disastrous, or they are just par for the course.
- A new poll by the Kaiser Family Foundation revealed some shocking numbers:
Fewer than six in 10 Americans know that the ACA law is still on the books.
Seven percent think the Supreme Court struck down ACA.
Twelve percent say Congress repealed ACA.
- The deadline for insurance companies to apply to sell insurance on federally-run exchanges has been extended by two days, again pointing to the complex nature of this process.
- In follow-up news to our post a few days ago about Congress being required to get insurance on the exchange, now there is a proposal that ALL federal employees be required to do so.
Wow! That’s a lot of information! What to do now?
- Read more details by visiting our Daily News page and clicking on the May 1 update.
- Subscribe to this blog so you don’t miss any important developments (use the “Follow” button on the right); or connect with us on Facebook or LinkedIn.
- Remember– Virginia Medical Plans is here to guide and help you through this process. Don’t hesitate to call us if you’re puzzled or wondering about something.