The new health insurance market places—the exchanges set up under Obamacare—have become the hot health policy topic. Will they work or won’t they? The focus is on the near term. And no one should doubt that what happens in the next few months is extremely important—as former cabinet officer Wilbur Cohen said, good policy is 1% inspiration and 99% implementation. Vital though near-term effectiveness is, the exchanges hold a longer-term potential—they can help reshape the organization, delivery, and financing of insurance. Simply put, we think that the health insurance exchange—supported at various times by both liberals and conservatives—may well fulfill the health reform dreams of both. To see why, one need only recall what conservatives and liberals want.
Health Insurance Exchanges Fulfill Both Liberal and Conservative Goals
If the exchanges work, most businesses may well be glad stop administering this vexatious form of compensation.
October 01, 2013
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Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Strategy Planning and Execution. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
How to develop a winning strategy—and put it to work.