Don't believe everything you hear. Various pundits will have you believe that the law is all but dead and that the Supreme Court is ready to throw the whole thing out. While that is one possibility, one must open themselves up to the many other possibilities that may ultimately occur:
1. People begin to like the law and how it helps them. How about the person who's child is not in college but needs insurance but couldn't qualify for an individual plan? The law has already worked for them.
2. People who will have access to insurance in 2014 simply don't buy it until they need it, happily paying the penalty instead.
3. Companies drop coverage because it's too much of a hassle to administer and pay penalties instead.
4. Companies use health insurance to snare the best talent with better benefits vs. those that don't offer them.
5. Congress cuts funding for key organization expansions necessary to administer and implement the law.
It would be easy to go on for days in this vein trying to run by the hundreds of scenarios that might unfold. It all might work, might not work or fester for many years to come. The law is the law for now, so learn as much as you can to help you make good decisions for yourself, your family and your company.
Stay tuned!
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