Buck Consultants, A Xerox Company, recently released the results of their national survey of health care organizations. According to Buck Consultants, health care organizations are in a unique position to provide feedback on the provisions of the Patient Protection and Affordable Care Act (PPACA).
In addition to being providers of health care, health care organizations (hospitals, physician offices, etc.) are also employers in the communities they serve and offer health care and wellness benefits to their employees.
Some of the key findings of Buck’s Healthcare Reform Readiness Survey 2011 include:
- 79 percent of the survey respondents indicated that reform will increase health care costs in the country, with 43 percent indicating that costs will increase significantly (only 20 percent believe it will reduce costs).
- 72 percent think health care reform will adversely affect employer health plans.
- 48 percent believe their families will be worse off (21 percent believe they will be better off).
- 41 percent believe quality will decrease nationally, while 39 percent think quality will improve.
- 45 percent believe patients will be worse off versus 44 percent who believe they will be better off.
- 60 percent believe the country will be worse off because of health care reform, while 34 percent think it will be better off.
- 57 percent of the respondents lost grandfathering for some or all plans in 2011.
- 75 percent expect cost increases of 1 percent or more due to reform in 2011.
- 58 percent expect higher costs due to reform in 2014.
- 71 percent expect higher employer costs due to reform long term.
The most compelling result from the survey is that more than 90 percent of health care organizations anticipate that they will pass on some or all of these additional costs to employees through higher employee contributions or reduced coverage.
A full copy of the survey results may be downloaded free of charge by registering at www.bucksurveys.com.