Spokane, Wash. – With political turmoil continuing to swirl in Washington, one big question credit union HR and benefits professionals have is: What is the status of the Affordable Care Act (a.k.a. Obamacare), and what does it mean for my credit union?
At the NWCUA's MAXX Convention Wednesday, Donna Losch, SVP of Brown & Brown Insurance and program manager for The NWFA Trust, admitted she hoped to have more information to share during her breakout session, "The Affordable Care Act: Where Does it Stand in 2018?" when she chose the topic six months ago. But the future of the ACA remains as uncertain now as it did then. "It's still a little bit in limbo," she said.
Going into 2018, the ACA will remain the law of the land, but its uncertain future will unfortunately cost all of us money, Losch said. "The insurance companies are planning on worst-case scenarios, and that means we'll see increased prices," she said.
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