Seniors Housing Weekly Update -- Shutdowns, ObamaCare and Senior Care

October 22, 2013

 
October 22, 2013. 60 Seconds with Steve Monroe. The government shutdown and the chaotic opening of the health insurance exchanges provide a glimpse at the future and the challenges that the ACA will present.

Shutdowns, ObamaCare and Senior Care

There has been something that has bothered me ever since the government shutdown began. The House passed a bill guaranteeing that all the furloughed government workers would receive their back pay once the government re-opened and they returned to their offices. But the bill didn’t include “un-furloughing” these same employees. The Senate, where saner heads often prevail, never voted on it. The fact that Congress and their staff were exempt from the furlough itself is laughable, if it wasn’t so pathetic. But then the Health Insurance Exchanges went live, and disaster struck. Would it have been better if there had not been a temporary shutdown? We would like to think so, but we are not so sure. What we are sure of, however, is that as the Affordable Care Act continues to roll out, more problems will arise. As they do, so will opportunities. It will also give senior care providers more time to see what the playing field will be like, because it will be littered with mistakes and disruptions until things get ironed out. But make no mistake, ObamaCare or not, changes will be coming to senior care providers, and planning will be crucial.

 

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