Summary
1. Managed care companies are regulated by 50 state governments, ofgten by more than one agency. Having the Federal government promulgate one standard with regulation by one Department makes compliance a much easier task for managed care companies. 2. Established managed care companies do not want regulation too easy or new entities will enter the field to compete. The projected intense Federal regulations will keep out new competition. 3. Employer-based coverage is no longer profitable for managed care plans. The providers are free to charge anything, and employers with healthy populations are going self insured leaving the sick to manaaged care risk programs. "Reform" will managed care plans more customers, abolish the inequity between insured and self insured programs, and limit provider reimbursement.
Analysis
"Reform" will bring existing managed care companies new customers, cut regulatory compliance costs, and control provider payment levels. What's not to like?
