Friday, March 19, 2010

Health Care Reform 2010 Changes


There has been a lot of uncertainty on how the newly passed Health Care Reform will affect consumers. Below you will find a list of changes that will take effect in 2010!
1. Set up a high-risk health insurance pool to provide affordable coverage for uninsured people with medical problems.
2. 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.
3. Bars insurance companies from putting lifetime dollar limits on coverage, and canceling policies except for fraud.
4. Provides tax credits to help small businesses with up to 25 employees get and keep coverage for their employees.
5. Begins narrowing the Medicare prescription coverage gap by providing a $250 rebate to seniors in the gap, which starts this year once they have spent $2,830. It would be fully closed by 2020.
6. Reduces projected Medicare payments to hospitals, home health agencies, nursing homes, hospices and other providers.
7. Imposes 10 percent sales tax on indoor tanning

 

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