The Affordable Care Act ( Aca )

1142 Words Nov 1st, 2014 5 Pages
GMFC Healthcare Bargaining
The Affordable Care Act (ACA), also known as Obamacare, was a major overhaul to the healthcare system, affecting both employers and employees. The ACA, along with rising healthcare costs, means employers have had to make changes in their healthcare plans and as a result, employees are seeing the affects, good or bad. As Fitzgerald (2014) points out, as the ACA gets closer to full implementation, more organizations will begin backing away from providing health care coverage. Part of the problem that organizations are facing in the future is the so-called Cadillac tax. As explained by healthaffairs.org (2013), the Cadillac tax is an excise tax on high-cost insurance plans and will mostly be paid for by the organizations. The tax, beginning in 2018, is a 40% excise tax on the cost of coverage for health plans that exceed a certain annual limit (healthaffairs.org, 2013). Because of this high tax, many companies are scaling back on coverage and finding ways to shift the cost to employees (Angle, 2014). The analysis presented will describe what ACA is, the problem GMFC faces, possible options, and finally, a solution for GMFC in this case.
ACA
After many years of the government working on a health care system, Obamacare was finally passed. While the actual document is over 1000 pages, it simply is the ACA’s intent to increase the accessibility of health insurance (obamacarefacts.com, n.d.). In theory, it is a great idea because it helps to provide…

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