Unraveling the Mystery of What is Coming and How to Prepare
WASHINGTON, July 9, 2013 /PRNewswire-USNewswire/ -- Since 2002, private health coverage costs have compounded 4.49% faster than inflation. If health costs continue growing at this pace, the cost of family coverage will equal 73 percent of the median family income in 2040. At the same time, the Affordable Care Act (ACA) imposed three quarters of a trillion dollars in payment reductions to Medicare plans and providers. While most experts agree that the current Medicare system is unsustainable, providers warn additional cuts to Medicare and seemingly endless payment reductions in Medicaid may force providers to curtail or stop seeing patients in those programs.
At a National Press Club Newsmakers news conference on Tuesday, July 16, Joel White, President of the Council for Affordable Health Coverage (CAHC), will discuss:
- How the ACA will impact coverage and premiums
- The businesses response to implementation of the ACA, and how it impacts insurance premiums and employment practices, including coverage options, hiring and hours
- The issues state and federal governments face in implementing the ACA and how their decisions may impact budgets, employers and individuals
- Reforms left unfinished by the ACA, including entitlement reform
CAHC is a broad-based alliance reflecting a wide range of stakeholder interests. White is also Executive Director of the Health IT Now Coalition and President & CEO of JC White Consulting. He spent 12 years on Capitol Hill as personal and professional staff, where he helped enact healthcare-related laws and served as Staff Director of the Ways and Means Health Subcommittee, where he advised Members of Congress and assisted them in enacting healthcare legislation into law.
The National Press Club Newsmakers conference is scheduled for 10:00 a.m., Tuesday, July 16, 2013 in the Club's Zenger Room on the 14th Floor of the National Press Building, 529 14th St., NW, Washington, DC, 20045.
Monica Coleman, NPC Newsmaker Event Host
SOURCE National Press Club