Fw: Health Bill Timeline
Here's a great article about the health bill's timeline. Very interesting and
clear...
http://www.google.com/hostednews/ap/article/ALeqM5hMTfP4RRynA6ORD1kAkmRL0fTwD9EJUU3G0
Some highlights include:- 2010: Starting six months after enactment, requires all health insurance plans to maintain dependent coverage for children until they turn 26; prohibits insurers from denying coverage to children because of pre-existing health problems.
-2010: Bars insurance companies from putting lifetime dollar limits on coverage, and canceling policies except for fraud.
- 2014: Medicaid expanded to cover low-income people up to 133 percent of the federal poverty line, about $29,300 for a family of four [or $34,301 for a family of five]. Low-income childless adults covered for the first time.
-2014: Prohibits insurers from denying coverage to people with medical problems, or refusing to renew their policy. Health plans cannot limit coverage based on pre-existing conditions, or charge higher rates to those in poor health. Premiums can only vary by age (no more than 3-to-1), place of residence, family size and tobacco use.
-2014: Penalizes employers with more than 50 workers if any of their workers get coverage through the exchange (this new bill) and receive a tax credit. The penalty is $2,000 times the total number of workers employed at the company. However, employers get to deduct the first 30 workers.-2018: Imposes a tax on employer-sponsored health insurance worth more than $10,200 for individual coverage, $27,500 for a family plan. The tax is 40 percent of the value of the plan above the thresholds, indexed for inflation.
clear...
http://www.google.com/hostednews/ap/article/ALeqM5hMTfP4RRynA6ORD1kAkmRL0fTwD9EJUU3G0
Some highlights include:- 2010: Starting six months after enactment, requires all health insurance plans to maintain dependent coverage for children until they turn 26; prohibits insurers from denying coverage to children because of pre-existing health problems.
-2010: Bars insurance companies from putting lifetime dollar limits on coverage, and canceling policies except for fraud.
- 2014: Medicaid expanded to cover low-income people up to 133 percent of the federal poverty line, about $29,300 for a family of four [or $34,301 for a family of five]. Low-income childless adults covered for the first time.
-2014: Prohibits insurers from denying coverage to people with medical problems, or refusing to renew their policy. Health plans cannot limit coverage based on pre-existing conditions, or charge higher rates to those in poor health. Premiums can only vary by age (no more than 3-to-1), place of residence, family size and tobacco use.
-2014: Penalizes employers with more than 50 workers if any of their workers get coverage through the exchange (this new bill) and receive a tax credit. The penalty is $2,000 times the total number of workers employed at the company. However, employers get to deduct the first 30 workers.-2018: Imposes a tax on employer-sponsored health insurance worth more than $10,200 for individual coverage, $27,500 for a family plan. The tax is 40 percent of the value of the plan above the thresholds, indexed for inflation.
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