THREE WAYS OBAMACARE OPENING A GATE FOR JOBS AND TECHNOLOGY?

May 7th, 2013

The Congressional Budget Office, a nonpartisan organization, first estimated ObamaCare or PPACA Health care reform to cost $940 billion over the coming decade. In early February 2013, it raised that estimate by $233 billion, and who knows how or when the cost may rise again?

While America answers the far-reaching challenges of this impactful legislation, three points of light peek on the horizon.

Soaring costs for health care means people are motivated to look and stay healthier

The idea is that staying healthy will drive down premium costs and the overall cost of individual health care. Increasing amounts of literature and advertisements have been directed at health and wellness.

Rather than intervention, the focus on health care is prevention or maintaining quality of life  (source: Wall Street Journal) and a healthy lifestyle. The mindset toward health, though a process, is beginning to initiate positive results for those who align themselves with it.

People are developing personal goals for their well-being. How does this translate to more jobs in the health care sector?

New areas of employment open for skilled and unskilled labor

Referencing the new healthy outlook, Professionals are needed who can counsel people about achieving and maintaining a healthier life. Positions would include professionals such as sports trainers and nutritionists as well as those willing to sell and administrate these services.

Gyms, fitness coaches, personal trainers and physical and occupational therapists will be able to help all ages. Young people will look for more robust routines, but because people are living longer, older individuals will also be interested in appropriate exercise. Those in care facilities will not only need varied levels of assistance, they will need training to better manage self-care, especially as aging places limits on their abilities and activities.

Longer life spans necessitate more demand for home health aides, long-term care aides, and hospice aides. Also needed will be those who can maintain these records and databases and interact with insurance companies.

New areas of health care technology responds to needs

In keeping with the two aspects above, new technologies will be needed to meet rising demands in health care.

Fitness applications will be designed for use by individuals and to conform to multiple devices. Travelers, marathoners, or other individuals will want to take along their routines or monitor statistics against personal goals.

Easier and more convenient devices such as glucose monitors, or screenings for cancer or other diseases, will be needed. Already, 3-D printers are able to print life size organs. Printing with stem cells is currently being tested.

In response to new avenues of technology, enter a broader role of digital forensics in health care.

Digital forensics involves recovery and investigation of material found in digital devices. Medical data mining involves searchable data by queries, such as treatments for disease states or adverse reactions. Data administrators who can facilitate data input, resolve conflicts and verify accuracy will also be needed.  With the plethora of health care information requiring management, these fields seem strong for job-seekers.

Olympic Staffing Services monitors what is important to you

PPACA is not going away soon, if at all. ObamaCare is the largest body of legislation on health care since 1965’s enactment of Medicare or Medicaid.

We have always believed that giving you a place at the table is a great way to satisfy the high caliber candidates and successful businesses we serve. It is why we are involved in our communities and why we keep abreast of news and views that impact you.

Subscribe to our blog. Contact one of our seasoned team of staffing professionals to learn more about what Olympic Staffing can offer you.

 

 

 

HOW OBAMACARE IS REDEFINING THE FULL-TIME WORK WEEK

April 30th, 2013

As of January 2014, ObamaCare may send the traditional forty-hour work week the way of the dinosaurs. While the Bureau of Labor and Statistics defines full-time employment status as more than 35 hours per week, beginning 2014, the definition changes to one who works a minimum of 30 hours per week or 120 hours per month.

Suddenly the notion of job-sharing is in our faces. The Wall Street Journal says it’s already happening at fast-food restaurants.

Moreover, employers suddenly must come up with a way to deal with the magic number of 50 employees or face penalties.

Take a closer look

An article in Forbes (Tim Worstall) suggests the incentivizing of part-time jobs under ObamaCare. At first blush, the idea of more opportunities for temporary, contract and part-time workers seems appealing, but the trickle-down effect of the new definition is costly.

If businesses with 50 or less employees have workers that work more than 30 hours, they will face a fine that could be several times higher than their annual profit depending on the employer’s provisions for employee health insurance.

It is a conundrum that makes employers think twice about offering health care benefits, or at least promotes a notion of cost-sharing.

Also, it could be argued that if two workers replace one full-time worker, would the amount paid for the job remain unchanged? Wouldn’t the unemployment figure be skewed as well?

Since 2009, when Obama was sworn into office, The Washington Examiner reports that Americans with full-time jobs fell by 370,000. By contrast, part time employment rose 1.5 million.

Olympic Staffing Services monitors what is important to you

PPACA is not going away soon, if at all. ObamaCare is the largest body of legislation on health care since 1965’s enactment of Medicare or Medicaid.

We have always believed that giving you a place at the table is a great way to satisfy the high caliber candidates and successful businesses we serve. It is why we are involved in our communities and why we keep abreast of news and views that impact you.

Subscribe to our blog. Contact one of our seasoned team of staffing professionals to learn more about what Olympic Staffing can offer you.

OBAMACARE AND HEALTH CARE EXCHANGES

April 23rd, 2013

Health Care Exchanges, also called Small Business Health Options Programs (SHOPs), are a cornerstone of the (PPACA) or ObamaCare. SHOPs expected to be formed in October 2013 and functional by January, 2014.

What is a SHOP?

It is a system to purchase health insurance for individuals who are not eligible through their employer, who don’t receive coverage through a government plan, or for small businesses to purchase competitively priced insurance plans for their employees.

Ideally, a SHOP will offer consumer-friendly benefit packages at competitive prices. Levels of coverage include bronze, silver, gold and platinum, each with a rising price tier. Private insurance is obligated to offer at least a silver and gold tier.

Intending transparency, and as a clearinghouse of consumer health information, the SHOPs are also expected to better monitor insurance accountability.

What might this mean for you?

While PPACA mandates exchanges to be regulated at the state level, the way they are created seems ambiguous. Individual states may form their own exchanges for which they are granted access to government subsidies. More than 25 states have opted out of managing an exchange due to incomplete information on how they would work or because of high costs, leaving the federal government to step in to manage it. There are simply too many questions and few firm answers.

Further, because of the lack of clarity on the legislation, glitches and loopholes arise. Lack of clarity leans toward delays in processing of information and claims, for starters.

Many employees will be covered under their employer or through the exchange utilizing subsidies, but coverage for their families may come into question. What is being called the ObamaCare Glitch may result in employee dependents being locked out of affordable health care. In fact, it is expected to affect as many as 500,000 children, especially those with special needs.

Regard also the myth of the stabilized health insurance premium. The New York Times reports that the unclear language involving SHOPs is allowing health insurance premiums to soar, sometimes in double digits, in many states where regulators do not have the authority to lower or deny rates. Florida and Ohio insurers raised rates nearly 20 percent for some policy holders.

Olympic Staffing Services monitors what is important to you

ObamaCare is the largest body of legislation on health care since 1965’s enactment of Medicare or Medicaid. Are you prepared?

We have always believed that giving you a place at the table is a great way to satisfy the high caliber
candidates and successful businesses we serve. It is why we are involved in our communities and why we keep abreast of news and views that impact you.

Subscribe to our blog. Contact one of our seasoned team of staffing professionals to learn more about what Olympic Staffing can offer you.