Health Care Reform Timeline
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1 • Lifetime Dollar Limits Prohibition • Annual Dollar Limits Restricted • Dependent Child Coverage until age 26 • Pre-existing condition exclusions prohibited for dependents under 19. • W-2 Reporting • Over the Counter Drugs (OTC) ineligible for FSA, HSA, & HRA • Medicare Advantage Funding Reduced • Cost Reporting and rebates effective • Phase out of Part D “Donut Hole” commences • Uniform explanation of coverage effective • Class Act (Long term care program) • Annual Limits Prohibited • Prohibition on Pre-existing conditions provisions for all participants • Automatic enrollment for large employers (200+ Full time Employees) • Waiting Period over 90 days no longer allowed • State Insurance Exchanges Established • Employer & Individual Mandates Effective • Low Income premium subsidy established for Exchanges • Free Choice Voucher program for Exchanges starts Part D Donut Hole Filled Temporary Reinsurance Program for early Retirees (age 55-64) 90 Days from Enactment (6/30/2010) Comparati ve Effective ness Research Tax Implement ed • FSA Contribut ions Capped • Medicare Hospital Insurance Tax Cadillac Tax: Excise Tax on excess of high cost insurance plans 2010 2011 2012 2013 2014 2018 2020 Health Care Reform Timeline
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Health Care Reform Timeline. Temporary Reinsurance Program for early Retirees (age 55-64) 90 Days from Enactment (6/30/2010). FSA Contributions Capped Medicare Hospital Insurance Tax. Comparative Effectiveness Research Tax Implemented. - PowerPoint PPT Presentation
Transcript of Health Care Reform Timeline
1
• Lifetime Dollar Limits Prohibition• Annual Dollar Limits Restricted• Dependent Child Coverage until age 26• Pre-existing condition exclusions prohibited
for dependents under 19.• W-2 Reporting• Over the Counter Drugs (OTC) ineligible for
FSA, HSA, & HRA• Medicare Advantage Funding Reduced• Cost Reporting and rebates effective• Phase out of Part D “Donut Hole” commences• Uniform explanation of coverage effective • Class Act (Long term care program)
• Annual Limits Prohibited• Prohibition on Pre-existing conditions provisions for
all participants• Automatic enrollment for large employers (200+ Full
time Employees)• Waiting Period over 90 days no longer allowed• State Insurance Exchanges Established• Employer & Individual Mandates Effective• Low Income premium subsidy established for
Exchanges• Free Choice Voucher program for Exchanges starts
Part D Donut HoleFilled
Temporary Reinsurance Program for early Retirees (age 55-64) 90 Days from Enactment (6/30/2010)
Comparative Effectiveness Research Tax Implemented
• FSA Contributions Capped
• Medicare Hospital Insurance Tax
Cadillac Tax: Excise Tax on excess of high cost
insurance plans
2010 2011 2012 2013 2014 2018 2020
Health Care Reform Timeline
