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New healthcare law and the Americans

It is possible that some employers expect to see a slight increase in costs. The reason is that they work to implement U.S. healthcare reforms for 2011. Nearly one-third employees are still struggling to figure out the output.

According to the nationwide survey by workforce consulting firm Mercer, for the political pressure, many health insurance companies are going to implement certain key reforms. But the problem is that the most employers are not in hurry to make changes.

US President Barack Obama has signed into the healthcare law in March that causes regulators, insurers and employers to be sifted. The another aspect of this new rule is that the insurance of the parents will include their children up to the age of 26 and end lifetime coverage limits.

American people are still in dilemma regarding what kind of impact the healthcare law will have. The relieving fact is that 3 percent of the employees are getting through the new law. Among the many rules, some are effective from September 23 and others will be effective after few years.

It was a problem for the old people in America that many of the health insurance groups canceled the insurance after the insurer become sick. But the new law includes this point and the Obama administration has asked the insurers to act immediately to implement extended coverage to young adults and ban against canceling policies after customers become sick.

Tracy Watts, a Mercer consultant, said, "This change is a pretty big deal for employers, with new notification requirements, employee communication and tax implications. Not to mention that it would be an immediate, budgeted business expense.”

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