March 2018 marked the 8 year anniversary of the Patient Protection and Affordable Care Act. During its lifetime the ACA has drawn praise and criticism from constituents across the board, and remains the #1 economic challenge facing employers today. Efforts to repeal and replace the ACA have yet to be realized due to a myriad of complexities and competing interests involved in the nation’s healthcare system.
It’s easy to be lulled into believing that the law is still intact, however with recent Executive Orders and Tax Legislation, changes are unfolding that could lead to significant for employers in the future. Two items in particular employers should watch closely include Short Term Limited Duration Insurance Plans (STLD’s) and Association Health Plans (AHP’s). We’ll explore both plans here in greater detail and explain why these could lend to the destabilization of the ACA’s healthcare exchanges and offer relief for individuals and employers.