This week I spoke with our board member, Dr. Tim Porter-O’Grady about the implications of the Affordable Care Act (ACA) for healthcare providers and for employers. If your organization employs more that 50 full time equivalent employees, you are no doubt already grappling with what you’ll need to do to comply with the act.
Tim, who consults with healthcare providers around the country, has a deeply informed perspective on what the ACA will mean for workers and employers. In our conversation, Tim reflects on the increasing responsibility that healthcare providers have to ensure their services are delivering the best possible outcomes for the money spent even as the pressure is applied to employers to ensure that employees can get the heath services they need at an affordable cost.
You can listen to a podcast of our conversation here: PPACA compliance podcast
In order to ensure compliance with the ACA and the drive toward evidence-based medical practice, both healthcare providers will be increasingly dependent on technology to track costs and predict outcomes. Other resources that might be useful to you and your organization in understanding the ACA:
Navigating the Affordable Care Act: Avoiding Penalties and Minimizing Costs – Kronos Webinar on March 6 at 11:00 am PT/2:00 pm ET
Mercer Report: Health Care Reform After the Decision. Mercer surveyed 1,215 US employers shortly after the Supreme Court decision last summer upholding the act. This report provides a brief overview of the provisions of the act relating to employer responsibility for providing employees with affordable health insurance as well as those employers’ assessments of the financial impact the Act will have on business.
As Ben Franklin famously noted, “An ounce of prevention is worth of pound of cure”. What’s your organization doing to prepare for the ACA? And what are you doing to help employees manage their own health?2