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VitalSprings Technologies CEO Dr. Sreedhar Potarazu on the rising number of employers ending health-care coverage for dependents in an effort to cut c...
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Tonight our top story listen this hiding your uninsured.
And yet another consequence of obamacare you can add to the list.
More and more employers planning to drop health coverage for spouses.
All in an effort to cut costs now three years ago this was.
Virtually nonexistent but last year that number jumped 6% of large employers excluded spouses on health plans in 2012.
Experts say that number will continue to climb.
When the new health exchanges under Obama care are officially established next year.
My first guest tonight says that we'll leave some women with pork coverage or no coverage at all joining me now.
-- -- -- toderat -- CEO of vital springs technology doctor.
What's going on here how isn't that these companies are gonna excludes spouses be they women or be they -- You know this is strike three Jerry you can't keep your plan you can't keep your doctor -- you can't even keep your spouse bush.
He you know the reality is is that it's a huge cost for employers in terms of covering dependents the number is increasing in terms.
The employers that are saying that they aren't gonna provide coverage anymore that it's a real concern because it wasn't clearly defined.
Within the Affordable Care Act in terms of what was going to happen to spouses.
-- -- about is my understanding that the law basically says you have to cover the kids -- says nothing about this -- now companies that are squeeze for Delaware saying.
Well maybe we'll just stop offering it to spouses.
Because that's a big deal the spouses end up making a lot of the health care decisions and -- have way more often women.
Why do women and costs more let's be clear about that that's exactly right -- cost more who end up getting more services.
So it is a huge expense and employers are basically give them a few options either you're gonna pay a premium.
If you get coverage through your place of work and you still opt to go with your spouse where they're not gonna -- they're not gonna cover them at all and unbelievable so.
So it when you come back to this whole notion of trying to coordinate care.
And this whole notion of that patient centered home.
Well how do you create applications.
And now I -- that your notes and I don't know what that means you say it's gonna make care more difficult why.
Yeah because the whole premise behind Obama care is to coordinate care they want to bring everybody together.
But how do you bring everybody together.
If the husband and wife could potentially not be seeing the same doctors it's it's ludicrous because used you completely fragmented.
What is sacred to works coordinated care which is a family unit.
Right and so now care is hap hazard now it's more difficult to understand what's going on with each individual let me tell you get the same doctor.
Taking care of mind -- cattle but they'd probably understand the dynamic in the family -- whole lot better than if those two people go to to different doctors.
Absent.
-- and primary care take out.
OB GYN out of the picture right now but a lot of primary care who is going to be family centric if it's gotta be coordinated.
And all of a sudden if you have to go fend for yourself.
You know it completely and is you know flies in the face of the whole notion.
Of trying to improve efficiencies and bring down cost.
And the other ironic thing here Jerry is that.
On the one hand employers have to make a decision now.
In terms of whether they gotta provide benefits and if you qualify for the subsidies in the exchanges.
The formula calls for factoring in that compensation.
-- not just the individual.
But the household.
Our rights.
Let's let's get back to what we're talking here because I get confused very easily on this topic -- obamacare is incredibly complicated the break here's what I don't get about.
What's going on in this country with health care we had a system in place the cost the federal government virtually nothing.
And that was sponsored by corporations.
By companies paying for insurance.
And now we are dismantling that as fast as we can't it seems to me -- to have nothing left.
Now what you will have left is a united say this time and time again.
Is a single Payer system where the government is going to take over a lot of the responsibility and I happen as a Friday when a nightmare.
Isn't -- -- can't deliver mail on Saturday you think might want them to have my health care and hand not really.
Yeah one woman's opinion.
Are right doctor -- pick up thanks thanks so much for coming in tonight I would you shocked by this story and I knew you'd make sense of it thank you so much.
Thank you -- well now.
