Although there are few changes in retirement plan regulations for 2012, a few trends are emerging that may result in legal changes in the next few years. The trends are related to disclosure of fund past performance, participant fees, and lifetime income scenarios in the hope that participants will make informed choices in investments.
ACO’s (Accountable Care Organizations): Paying for health care based on outcomes rather than fee-for-service is one way that health care reform is attempting to cut health care costs.
Supreme Court Oral Arguments: Debate on the constitutionality of the individual mandate to buy health insurance begin in March, and a decision is expected by summer.
Medicare Payment Reform: Like ACO’s, this is an attempt to cut costs by tying patient outcomes to provider payments.
2012 Election: If Republicans win the presidency and a majority in Congress, it could affect attempts to repeal health care reform.
Health Insurance Exchanges: States have until the end of 2012 to certify that they are ready for the 2014 implementation of exchanges.
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