Strategic Planning - Looking Back on the Pre-existing Condition Insurance Plan

Although the Pre-existing Condition Insurance Plan (PCIP) was launched back in 2010, I wanted to make sure that people understand how this form of strategic planning works today and how it plays an important role in the momentum of the Affordable Care Act, which will be fully realized in 2014. Here are some quick statistics that you may find interesting:

Near the closing months of 2010, there were a total of 809 subscribers to the Pre-existing Condition Insurance Plan, with 57.8% of them being Caucasian, 21.9% being Asian, Latino, Black, or Native American and a whopping 20.3% being either unknown, not given, or "other." The majority of subscribers were middle-aged, in between 30 and 49 years old (1). These statistics don't even take into account the amount of expanded enrollment during the recent months of 2011.

So, what does this new form of strategic planning do and why is it so popular today? Well, just as the name would indicate, PCIP accommodates to uninsured Americans who were previously denied health coverage due to a pre-existing health condition. According to research, the plan is projected to benefit as many as 350,000 people and be used as a bridge for 2014, which is when the Affordable Care Act will prohibit insurers from discriminating against or charging higher rates for Americans with pre-existing medical conditions (2).

This was a huge step for health care reform and it continues to grow every day. The effect that this form of strategic planning will have on the future is quite substantial; a handful of improvements to America's health situation as a result of the Affordable Care Act are expected to occur by 2014, including a $2,000 per employee tax penalty being imposed on employers who are not offering health insurance to their full-time workers when they have more than 50 employees and the requirement for all chain restaurants and food vendors with more than 19 establishments to display the caloric content of their foods on all menus and vending machines (3).

However, the time tables involved in this strategic planning are quite extensive. These changes are going to take years to become completely refined and the momentum of the Pre-existing Condition Insurance Plan is expected to play a part in the many years to come, perhaps up until 2018.

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