Healthcare: What to Expect in 2012April 13, 2012 — 1,662 views
There have been a variety of changes to the United States healthcare system over the past couple years, since President Obama signed the Affordable Care Act (ACA) into law in 2010. According to the U.S. Department of Health and Human Services, this law has so far worked toward helping consumers get the most out of their insurance plans, make more affordable health care programs for small businesses and strengthen Medicare coverage.
Healthcare reform in 2012 is also slated to be expansive. Fox Business explains one thing consumers can look forward to is a rebate check from health insurers who last year did not spend the majority of premiums on direct patient care. This is referred to as medical loss ratio, or MLR. In 2012 there should also be an increase in community health center funding and more ethnic diversity in the healthcare profession, says the news outlet.
Forbes suggests that another key event taking place this year is when each State Legislature will decide how they want to implement or delay the ACA. Additionally, in May 2012 the Supreme Court will rule on the legality of the ACA. This could leave the law as is, make mandates to the existing law or throw it out entirely. However, the November election will also play a key role in healthcare - this year and beyond.