The Hiring Incentives to Restore Employment (“HIRE”) Act, signed into law March 18, 2010, includes several important tax provisions designed to promote job growth and stimulate the United States economy.
Hire Now Tax Cut
$13 billion in tax breaks are available to qualified employers both in the form of payroll forgiveness for Social Security taxes paid for qualified new hires, as well as a...Read More
The following is a list of new boards, commissions, grants and other programs and opportunities created under the Patient Protection and Affordable Care Act of 2010:
1. Grant program for consumer assistance offices (Section 1002, p. 37)
2. Grant program for states to monitor premium increases (Section 1003, p. 42)
3. Committee to review administrative simplification standards (Section 1104, p....Read More
• The Patient Protection and Affordable Care Act (“PPACA”) was signed on March 23, 2010.
• Less than one week later, Congress passed the Health Care and Education Tax Credit Reconciliation Act of 2010 (“HCERA”).
• This guide refers to the PPACA, as amended by the HCERA, collectively as the “Act.”
• The Act imposes many new requirements on employer-sponsored group health plans,...Read More
Section 6401: Mandatory Compliance Program Requirement
o Grants to the Secretary of HHS the authority to require health care providers to adopt compliance programs as a condition to enrollment or revalidation in the Medicare, Medicaid and CHIP programs.
o The goal of a compliance program is to be effective in preventing and detecting criminal, civil, and administrative violations under the...Read More
On July 15, 2008 Congress voted to override President Bush’s veto, thus enacting the Medicare Improvements for Patients and Providers Act of 2008 (MIPPA). The new law implements several changes affecting matters ranging from patient coinsurance rates for mental health services to the reimbursement fees paid to physicians under Medicare. Below is a summary of the wide range of changes made to...Read More
o The Medicaid Commission (the “Commission”) was established by charter by the Honorable Michael O. Leavitt, Secretary of the United States Department of Health and Human Services, in May 2005.
• PURPOSE OF THE COMMISSION
o The commission charge was defined as follows:
– The Commission shall report to the Secretary, for his consideration and submission to Congress, by...Read More