Hixme Think

Hysteria – Trump Executive Order and ACA Cost-Sharing Reductions, a POSITIVE Opportunity for Employers

Denny WeinbergDenny Weinberg

ACA illustration showing doctor in white coat with stethoscope pointing to a swirling image of ACA logo surrounded by medical symbols of wheelchair, pills, bandaid, syringe, etc.

Curious about how this and related decisions to eliminate CSR’s* might affect Hixme’s unique business model and employer/worker values? Here is a brief overview.

* Note: Cost Sharing Reduction (CSR) is a taxpayer-imposed payment for lower income Americans that enroll in Government-run exchanges. It offsets what  would otherwise have to be paid for deductibles, copayments and coinsurance. CSR’s only apply to a single Silver category plan for lower income applicants purchasing through Government-run exchanges.

While Hixme and its clients and prospects are not impacted by most of these proposed changes in regulation, others who depend on taxpayer subsidized coverage through Government-run exchanges are. For more detail on those, and why this is topical for them, see the following articles. Including these links is for your edification only and does not indicate a Hixme endorsement of the content or organization:

Kaiser Family Foundation: The Effects of Ending the Affordable Care Act’s Cost-Sharing Reduction Payments

New York Times: What We Know About Trump’s Twin Blows to Obamacare

Image courtesy of US News & World Report.

ABOUT THE HIXME THINK BLOG: Authored by one of the gurus of health insurance, Denny Weinberg, postings reflect market trends and the powerful emerging movements toward true portability and personal ownership by workers and their families. Postings follow these emerging trends, driven by consumer ownership of retirement benefits, consolidations by health care institutions, and the stated pro-consumerism goals and actions of the administration, federal agencies and Congress.

Denny Weinberg is a 35 year veteran executive in healthcare financing and operations. Prior to his 4 years as investor and CEO with Hixme, his broad background includes a 20 year tenure CEO of a number of Anthem's largest operating companies. Denny has managed a portfolio of early stage companies in the Health/Medical arena as well as other industries. He has also served as board member, advisor and consultant to both private equity-backed, and publicly traded Blue Chip companies.

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