Benefits & Compensation News

Think Obamacare’s confusing for you? Look at this …

It’s a sad state of affairs: As full implementation of Obamacare draws closer, it appears the law isn’t getting any less confusing. Just take a look at some of these stats:

More than half (57%) of Americans say they do not have enough information to know how the law will impact them personally.

That comes from a survey of 1,204 adults conducted this month – the three-year anniversary of Obamacare being signed into law — by the Kaiser Family Foundation.

The news gets worse: 67% of those without health insurance and under the age of 65 said they didn’t have enough information to understand the law’s impact. And 68% of those with a household income under $40,000 said the same.

The survey also found people’s expectations are more negative than positive when it comes to how Obamacare will affect health care costs, quality and consumer protections.

Responsibility on employers’ shoulders

Unfortunately for employers, the burden of educating the workforce on the ins and outs of Obamacare has fallen on you.

By law, employers are required to provide some educational notices. But for the most part, you’re on your own.

Here are some areas the Kaiser survey uncovered where employee’s knowledge is lacking:

  • 48% of respondents said they have no idea whether their state will run its own health exchange
  • 78% say they haven’t heard enough to say whether their state plans to expand Medicaid
  • 57% incorrectly believe that the Affordable Care Act includes a public option, and
  • 40% — including 35% of seniors — still believe the government will appoint “death panels” to make decisions about end-of-life care for Medicare beneficiaries.

Pessimism appears to be growing, too

Not only does the pubic feel uneducated about the law, pessimism for it also appears to be growing, according to the Deloitte 2012 Survey of U.S. Health Care Consumers.

The survey of 4,012 adults revealed that only 38% felt positively about the law, a significant drop from the 49% who were positive about it in 2011.

Even worse: The amount of people who felt the law was a step in the wrong direction for the U.S. health care system grew from 21% in 2011 to 34% in 2012.

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