Larry Kocot Quoted in “ObamaCare Week 15: Insurance Deadline Hits, Employers Brace for 2015”


Larry Kocot, a Member of the Firm in the Health Care and Life Sciences practice, in the Washington, DC, office, was quoted in an article titled "ObamaCare Week 15: Insurance Deadline Hits, Employers Brace for 2015"

Following is an excerpt:

"A number of insurers have extended the deadline because they know what they have in their queue and what it will take to get people what they need," Larry Kocot, visiting fellow at the Brookings Institution, says. "This gives enrollees the flexibility to get into the program with a retroactive deadline. They probably see people close to being enrolled and don't want to lose them." ?...

"To draw a contrast between this and the rollout of Medicare Part D [which Kocot helped to facilitate], millions of people went to the pharmacy in the first weeks," Kocot says. "This is a bit different because the population that is enrolled is smaller and it takes longer to get appointments at doctor's offices. We should expect to see any difficulties with coverage coming to the reveal more slowly." ?...

Kocot says it's too soon to say what the impact of the mandate will be to the economy and labor market.