Friday, March 23, marks the second anniversary of the signing of the Affordable Care Act, whose complexities continue to leave many business owners confused.
Even many professionals who consult with small businesses regarding policies and employee benefits are struggling to keep up with the numerous changes being implemented by health care reform.
Adding to the mix, the U.S. Supreme Court next week will hear a number of challenges to the health care law, with a ruling expected in May or June.
“If that decision comes down against the bill, the Supreme Court could say, ‘We’re going to throw the whole bill out,’” said Philip Johnson, partner with Argyle Benefits Consultants LLC.
He said the federal mandate requiring citizens to purchase health insurance by 2014 is expected to play a major role in that hearing.
“Or they could say, ‘We’ll just take the individual mandate out,’ or they could do some combination of changes to the bill,” Johnson said. “That’s causing a lot of small businesses to kind of sit on the sidelines until we know what’s going to happen. And then you’ve got to consider that we’ve got congressional and presidential elections coming up; any one of those things could turn this thing on its head.”
Johnson is a chartered life underwriter and certified employee benefits specialist with a solid understanding of federal health care reform, including how the legislation will impact both individuals and large and small businesses.
He’s one of four panelists who will discuss the ins and outs of health care reform at The Daily News’ Health Care Reform Seminar, which will take place Thursday, April 5, at 3:30 p.m. in the auditorium of the Memphis Brooks Museum of Art.
The panel will discuss the new rules and regulations taking effect, the impact of current legislation and what additional changes are expected between now and 2013.
Johnson will be joined on the panel by Angela Youngberg with Rainey, Kizer, Reviere & Bell PLC, and Dr. Michael Lachina, chief medical officer at Saint Francis Healthcare.
Youngberg leads her firm’s Health Law Practice Group, practicing primarily in the areas of health law, corporate law and mergers and acquisitions. She advises clients in connection with setting up new medical practices and other health care entities, joint ventures, Accountable Care Organizations and clinical integration.
Both Youngberg and Johnson are previous TDN seminar panelists, while Lachina will be making his first panel appearance.
As a physician who employs and manages other physicians, Lachina brings to the discussion how health care reform is impacting the patient and the marketplace. “Everything is centered on the Patient Protection and Affordable Care Act that was passed in 2010, and everything is focused and progressing based on that particular law that’s on the books,” Lachina said. “We’re experiencing some of the changes in that act already, so to me it’s all about how that’s going to affect all of us. My focus is discussing the Affordable Care Act – what really is in it and how it’s going to impact all of us.”
The seminar’s keynote speaker will be Greg Anderson, a certified public accountant and partner in the health care practice group at Horne LLP. Anderson concentrates his practice in consulting on income distribution plans for physician group practices. He also conducts design, implementation and fair market value studies related to hospital and physician employment, and analyzes the valuation of health care facilities.
The Daily News Health Care Reform Seminar is sponsored by Horne CPAs & Business Advisors and Rainey Kizer Reviere & Bell PLC.
The seminar will be followed by a wine-and-cheese reception in the museum’s foyer.
The next Daily News seminar, Money & Markets, will take place at the Memphis Brooks Museum of Art on June 7, followed by Sustainable Energy on Aug. 2, Business of Health Care on Sept. 20, and Commercial Real Estate on Nov. 1.
Visit www.memphisdailynews.com/seminar to register.