TwitterFacebookLinkedInEmailRSS
logo

An editorial blog of CFA Society Minnesota

  • Home
  • About Us
  • Contact Us
    • Compensation Survey Contact Form
  • Subscribe to Blog via Email

Thinking Ahead

28th October, 2013 · CFAMNEB

One of the challenges of living in the Upper Midwest is that you have to prepare for the Holidays now before it gets too cold. As we say in our household, “Easter is the time of year when can take down the outside Christmas lights you put up after Halloween because the extension cords were frozen solid to the ground since Thanksgiving.” Therefore, we in the Tundra pride ourselves on thinking ahead. We were wondering if we need to think ahead about Affordable Care Act impacts, or if it is too early.

Many health care consumers are having their coverage dropped from their insurance provider (see link below). Much ink has been spilled discussing how that may impact health care companies. We also wonder if this will impact the broader economy, and if so when and do we need to prepare now as investors?

Our gut feel is that it will have less of an impact on the truly affluent in this country as many can pay out of pocket or find alternative sources of care worldwide. We also wonder if little will change with the less affluent. Yes many more will have affordable insurance, but we also do not know what the final deductible and co-payments might be until we get more data on the demographic characteristics of those that signed up. That leaves our large middle class. If premiums, deductibles and co-pays rise for a good percentage of middle-class Americans (e.g. those without existing conditions), what will that mean for disposable income? Will increasing health care costs crowd out consumer spending and will it impact other sectors?

Part of us says that it is too early to make any investment decision, especially since those who work for larger corporations will not feel the impact until 2015 since larger companies received a one year extension under the Affordable Care Act. But still a sizable subsector of the middle class could feel the impact by January, and others who are not affected now may see the impact higher costs have on their neighbors and act accordingly beforehand. What do you think?


 

 

Supporting links:

http://www.kaiserhealthnews.org/Stories/2013/October/21/cancellation-notices-health-insurance.aspx

http://www.bloomberg.com/news/2013-07-02/health-law-employer-mandate-said-to-be-delayed-to-2015.html

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to email this to a friend (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
Posted in Freezing Assets Shout Out | Tags: freezing assets shout out |
« A Horse with No Name
Call Me Maybe »

Leave a comment Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Recent Posts

  • New Financial Literacy Effort Launched for Minnesota Communities and Schools 09/30/2022
  • End of an Era 07/26/2022
  • Starting my Midwestern Goodbye 04/05/2022
  • Face-Off 10/18/2021
  • The Madding Crowds 08/30/2021

Submit your inquiry here

Categories

  • Compliance (3)
  • Department of Labor Fiduciary Rule (1)
  • Ethics (7)
    • Ask the Ethicist (2)
  • Freezing Assets Shout Out (34)
  • Hot Topic Commentary (176)
  • Intellisight (1)
  • Local Charterholders (88)
  • Member Spotlight (4)
  • Society President Letters (15)
  • Spotlight on MN Companies (1)
  • Valuation (2)
  • Weekly Credit Wrap (35)

Archives

  • September 2022 (1)
  • July 2022 (1)
  • April 2022 (1)
  • October 2021 (1)
  • August 2021 (1)
  • May 2021 (1)
  • February 2021 (1)
  • January 2021 (2)
  • October 2020 (2)
  • September 2020 (2)
  • August 2020 (1)
  • June 2020 (1)
  • February 2020 (1)
  • December 2019 (1)
  • November 2019 (2)
  • October 2019 (1)
  • September 2019 (1)
  • August 2019 (1)
  • July 2019 (2)
  • June 2019 (1)
  • April 2019 (3)
  • March 2019 (2)
  • February 2019 (1)
  • January 2019 (2)
  • December 2018 (1)
  • November 2018 (2)
  • October 2018 (3)
  • September 2018 (1)
  • April 2018 (3)
  • March 2018 (8)
  • February 2018 (3)
  • January 2018 (1)
  • November 2017 (5)
  • September 2017 (1)
  • August 2017 (3)
  • July 2017 (1)
  • June 2017 (1)
  • May 2017 (1)
  • April 2017 (2)
  • March 2017 (1)
  • December 2016 (2)
  • November 2016 (2)
  • October 2016 (1)
  • September 2016 (1)
  • August 2016 (1)
  • July 2016 (2)
  • June 2016 (5)
  • May 2016 (2)
  • April 2016 (2)
  • February 2016 (5)
  • January 2016 (3)
  • December 2015 (1)
  • November 2015 (4)
  • October 2015 (6)
  • September 2015 (1)
  • July 2015 (1)
  • June 2015 (6)
  • April 2015 (2)
  • March 2015 (4)
  • February 2015 (2)
  • December 2014 (2)
  • November 2014 (7)
  • October 2014 (10)
  • September 2014 (3)
  • August 2014 (5)
  • July 2014 (2)
  • June 2014 (5)
  • May 2014 (9)
  • April 2014 (9)
  • March 2014 (8)
  • February 2014 (7)
  • January 2014 (8)
  • December 2013 (6)
  • November 2013 (7)
  • October 2013 (13)
  • September 2013 (4)
  • August 2013 (2)

Popular Tags

#memberspotlight 2015 Compensation Survey A Day in the Life BlackRock Board of Directors Carlson School of Management CFA CFA Charter CFA Charterholder CFA Charterholders CFA Institute CFA Institute Research Challenge CFA Minnesota CFAMN CFA Program CFA Society Minnesota CFA Society MN Changing Perceptions Chartered Financial Analyst charterholders Compensation Survey Diversity ESG ethics freezing assets shout out interest rates investment management Josh Howard Joshua M. Howard Member Engagement Minnesota non-GAAP earnings North Dakota Nuveen Asset Management President's Letter SEC Society President South Dakota Susanna Gibbons University of Minnesota Volunteer Volunteering Volunteers Weekly Credit Wrap women in finance
© 2021 CFAMN Freezing Assets - Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFAMN, FreezingAssets.org or CFA Institute.
  • Home
  • Log In
  • RSS Feed