Will ACA Repeal (Affordable Care Act) Cause Case Shifting to WC?
The drumbeat for ACA repeal has grown much louder with the new administration just around the corner. This article on the new demands to keep Obamacare alive was an interesting angle from the health insurance sector.
Please read the article for all the information. The two main conditions were to:
- Allow the subsidies for low-income insureds
- A three-year unwinding – not an immediate cessation
In 2015, Dr. Richard Victor – then CEO of WCRI, presented the concept of case shifting from health to workers comp due to the lack of sufficient health insurance markets and other conditions.
After reading the above-linked article, one would have to say that if there is a sudden shift in the health insurance marketplace from the government abolishing the ACA?
One of the stark recommendations in the article was the penalty was too small to cause the younger employees to seek out and buy ACA policies. This scenario seems ripe for case shifting to WC.
Would Workers Comp actually become a bastion for the failing health care market?
Please follow the links to the prior article on Dr. Victor’s predictions. I had thought the concept was professorial and not real-world when I had first written about it. Possibly, I was the one that was eccentric to think this would never happen.
This would not be difficult to study unless more variables are in place that will affect WC over the next decade or two. We shall see.
©J&L Risk Management Inc Copyright Notice
