It is important to know that the Patient Protection and Affordable Care Act and the Heath Care and Education Reconciliation Act, known as the Health Care Reform Acts, introduced sweeping changes regarding the delivery of health care for employers all over the United States. These acts, signed into law in March 2010, are intended to […]
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If you have health insurance through an employer, you’ve surely heard the phrase open enrollment seasonť before. That’s the time when you pick your health plan for the coming benefit year. For most of us with employer coverage, open enrollment happens between October and December. But now there is a new open enrollment period coming […]
While many components of the law will not occur until 2014, some key provisions do go into effect in 2011: Beginning in January, 2011: Seniors who reach the coverage gap will receive a 50% discount when buying Medicare Part D covered brand-name prescription drugs. Over the next 10 years, seniors will enjoy additional savings on […]
January 1, 2011 portends huge changes in Colorado Health Insurance Law. Colorado House Bill 10-1021 mandates that all individual health insurance policies that go into effect on or after January 1, 2011 must include coverage for routine maternity. Maternity must be treated in the same manner as any other sickness or injury. The days of […]
Section 45R was just added to the Internal Revenue Code by the Patient Protection and Affordable Care Act. It is effective for taxable years beginning in 2010 and applies to both taxable, as well as tax exempt small employers. To be considered a small employer, the employer must have fewer than 25 full-time equivalent employees […]
