Health care reform
The Supreme Court announced on November 14, 2011 that it will consider the constitutionality of health care reform during its current session.
This means the justices will hear arguments in March and likely issue a decision in late June. The court did not agree to hear arguments from all of the appellate courts or on the entire law, but only on these four specific elements:
Some provisions of health care reform are considered so “intertwined” with the individual mandate that it’s not certain how the Supreme Court will treat them. The prime examples are the mandate that forbids insurers from turning away applicants, and the mandate that bars insurers from using pre-existing conditions as a reason not to grant coverage.
Regardless of what happens to the legislation, we at Unum believe that many of the health care reform changes that already have been implemented will likely remain. These include coverage for children up to age 26 and the ban on insurers rescinding coverage except in cases involving explicit fraud.
In addition, at least for the short term, employers will likely continue to see medical premiums rising. This means an ongoing struggle for employers as they continue to determine which benefits they should offer, how much financial responsibility should be shouldered by their company and how much should be passed along to their employees.
How do you build a benefits plan for the post-health care reform era? Your Unum representative is a great source for guidance in this new benefits landscape.
For a closer look at the health care reform mandates on the horizon, see the Unum report "The Pulse of Reform."