Today’s post is authored by David Depaolo and appears on his blog daviddepaolo.com. As usual David hits “the nail on the head” with his objective analysis of the potential impact that the Affordable Care Act (ACA) will have upon the entire workers’ compensation system. There are certain trends that Dr. Gruber has identified, that in synergy with the ACA, have the potential of causing a dynamic shift in workers’ compensation insurance. As political and social adjustments are made to the ACA those uncertainties will certainly resolve.
One of the big draws for me at the Workers' Compensation Research Institute's annual meeting this year was to hear from one of the architects and authors of the Affordable Care Act, Dr. who is a professor of economics at Massachusetts Institute of Technology.
I just needed to learn. The ACA is so complex, so huge, so broad in its scope, that anyone who is not completely versed in the health care system (the vast majority of us) would have absolutely no understanding of the law, how it plays out, who it really affects, what is to come of various provisions, etc.
In fact, I am willing to bet that virtually all lawmakers, including our president himself, have little to no true understanding of the law.
Dr. Gruber is a health economics expert - meaning he has spent virtually all of his professional life studying health care systems and the economic underpinnings of health care.