BY MARY E. VANDENACK
Congress has now passed a comprehensive health care law earlier this year. Many of changes are phased in. The following are some key changes that are effective for 2010.
Small business tax credit: Small businesses (generally 25 or less employees) are provided tax credits to help offset the cost of employer-provided health insurance coverage. The qualified small employer...Read More
• NEW REQUIREMENT UNDER HEALTH CARE BILL
o Section 6401 of the Patient Protection and Affordable Care Act (“PPACA”) grants to the Secretary of the Department of Health & Human Services (the “Secretary”) 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 Section 6401 does...Read More
I. GENERAL INFORMATION
Section 1201-2705 of the Patient Protection and Affordable Care Act of 2010 (the “PPACA”) is entitled “prohibiting discrimination against individual participants and beneficiaries based on health status.”
Section 1201-2705(j) authorizes employers to offer employee rewards—in the form of premium discounts, waivers of cost-sharing requirements, or benefits that would...Read More
INDEPENDENT MEDICARE ADVISORY BOARD
– Section 3403: Independent Medicare Advisory Board
– The purpose of this section is to reduce the per capita rate of growth in the Medicare program.
– If the projected growth rate exceeds the target growth rate for any year (after 2017 the target rate is the nominal gross domestic product per capita growth rate plus one percent), the Board...Read More