- Researching potential changes: There are at least seven different proposals for plans to replace the ACA. Becoming familiar with the provisions of each will give employers a sense of potential changes ahead and what opportunities their companies have to comment on or otherwise shape proposed regulations. With the nomination of Tom Price as Secretary of the Department of Health and Human Services, a review of his “Empowering Patients First” Act, most recently introduced in May of 2015, would provide a good indication of things to come.
- Planning for (an uncertain) future. Employers should schedule meetings with their consultants, brokers and legal counsel to begin discussions about any required or desired benefit strategy and plan design changes for plan year 2018.
Benefits Think Why healthcare literacy needs to be a priority now more than ever
Kim Buckey is vice president of client services at DirectPath.