by Pam Hillier

Avoid a Knee-Jerk Reaction to Health Care Reform

The employers that come through this 5-10 years down the road as strong employers that survive and thrive, will be those that understand that this isn’t the time for a knee-jerk reaction.  They must fully understand the potential long-term impact of the decisions they make.

Following are a few things to ponder:

  • A short-term decision made for purposes of cost savings this year, may end up being a decision you regret in subsequent years.
  • If it flies in the face of your corporate culture, a culture you have worked hard to build over the years, a short-term savings may not be the right decision.
  • There is no crystal ball – make informed decisions that are right for you and your organization, not just decisions that will save you money now.

My advice to you as a Benefits and Risk Advisor:

  • Use scenario based decision making – be cautious, take it slow, analyze the upside and the downside of every possible decision and action – opportunities may exist that can be exploited
  • Rely only on sound data and rationale received from a trusted source
  • Seek assistance from those uniquely qualified to help navigate the legislation and provide guidance
  • Surround yourself with a team who possesses a deep understanding of PPACA
  • Use only professionals who are capable of providing a tangible, well-defined system that includes measurement tools, training, knowledge of alternative strategies and decision-making scenario assistance.
  • Be aware that there is a significant gap between those that say they can help and those that are actually capable of doing so
  • Finally, use your organizational mission and culture to help guide you

To learn more about VAST’s Health Care Reform Navigation System, contact Pam Stewart | 906.315.7217 |

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National healthcare open enrollment starts November 1st and ends on December 15th. To make an appointment with one of our trusted advisors please contact us at 906.228.7500.

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