Still Many Unknowns in Health Care
Health Care

Health care-related symposiums struggle with keeping business owners in the emerging legal-medical loop. As the story of health care reform unfolds, everyone is reading each page carefully, restated Matthew Fair, vice president at Pierson and Smith Inc.

Fair said, “We are here because cost is rising, because of utilization, lifestyles, an aging population, because of medical errors, litigation, consolidation, and government mandates and regulation”.

In the month of March, President Obama signed health care reform legislation into law. Executive Vice President of UnitedHealth Group and Executive Director of the UnitedHealth Center for Health Reform & Modernization, Tom Beauregard, revealed that there are still many areas in health reform which are doubtful. There are positives as well as negatives for insurance companies.

Beauregard further added that groups like diabetics and pre-diabetics should be focused in the country. Pharmacies and medical equipment companies will also have some increased responsibilities.

Joseph McGee, Vice President of public policy and programs at The Business Council of Fairfield County opined that small business owners will talk to their brokers very carefully.

McGee further stated that some major changes in the way plans are designed and priced will be seen in over 18 months. The big issue is the reform of the delivery of health care.

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