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Health Insurance Reform Immediate Actions

While the majority of health insurance reform provisions go into effect in 2014, there are a number of provisions that take effect in 2010. Here’s an overview of the provisions that become effective this year: Read more at http://www.easytoinsureme.com/

Health insurance quotes

Immediately at enactment

Grandfathering – Plans and individuals that “renew” their coverage are exempt from any provisions of the law. These “grandfathered plans” must comply, however, with the following provisions of the law: extend dependent coverage through age 26, prohibit rescissions, eliminate waiting periods greater than 90 days, and eliminate pre-existing condition exclusions for children
Small employer tax credits – provides premium subsidies for small groups with 25 or fewer employees and average salaries of $40K or less

Less than six months

Legal fight over health reform is only beginninng

Both sides in the legal battle over healthcare have found reason to claim victory recently, but neither should pop open the champagne just yet, constitutional law experts said. Easy To Insure ME

A number of challenges to the individual mandate have been weaving their way through the legal system since the reform law was enacted, but a resolution is still far away.

 

In the three district court cases that have been decided on their merits so far, supporters of the new law have a 2-1 edge.

Opponents of the new healthcare reform law were emboldened this week when a federal judge in Virginia ruled the law’s requirement that individuals purchase health insurance is unconstitutional.

Speaker-designate John Boehner (R-Ohio) used the ruling to go on the offensive, saying the Obama administration, instead of appealing the decision, “should work with Congress to repeal this job-killing health care law so we can replace it with reforms that lower costs and protect jobs.”

Health insurance quotes reform weekly Easy To Insure ME

As the 111th Congress (2009-2010) comes to a close, it passed, and the President has signed, a tax bill with multiple moving parts. The bill was part of an end-of-session deal forged by President Obama and Republicans, with little Democratic input. The bill preserves the Bush-era tax cuts (with no carve-out to tax millionaires), extends a number of otherwise expiring individual and business tax provisions, reinstates the estate tax on Republican terms, and provides a 2 percent payroll tax cut for 2011 and a 13-month extension of unemployment benefits.  It remains to be seen whether this collection of legislative goodies will improve the public’s rather low (11 percent) approval rating of Congress, considering that it carries a $900 billion price tag that will be added to the national debt.