Well we are not sure how many people (if any) read this blog--but for those of you who do--it basically has happened! The senate in the wee hours of this morning made the first vote to end debate on the health reform bill. There are 2 more votes and then an actual vote to approve the bill--probably on Christmas Eve.
From there the Senate and the House will form a committee to merge the 2 documents. There are still potential fireworks in this merging--mainly due to the scope of the legislation and the notable areas of difference in the 2 bills.
Regardless, we see the President signing a bill before Martin Luther King day and the State of the Union address.
What does all this mean...well time will tell. We know there won't be a public health plan. However the increased levels of government control and the option for OMP to open up the Federal employees plan (or something similar) will be interesting.
We will start evaluating and determining the impacts to our clients in the coming weeks.
On a side note--continue to watch for an extension of the ARRA subsidy related to COBRA.
Monday, December 21, 2009
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