JEFFERSON CHAMBER OF COMMERCE HEALTHCARE CONFERENCE
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Transcript of JEFFERSON CHAMBER OF COMMERCE HEALTHCARE CONFERENCE
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JEFFERSON CHAMBER OF COMMERCE HEALTHCARE CONFERENCE
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The New Healthcare Environment Impact on Human Resources
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I. INTRODUCTION
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A. Purpose of Presentation
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B. Overview
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II. HISTORY AND EXPECTED FUTURE OF NEW HEALTHCARE LAW
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A. President signs into law “The Patient Protection and Affordable Care Act: on March 23, 2010
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B. “Budget Reconciliation Act of 2010” is enacted on March 30, 2010 amending and supplementing The Patient
Protection Act
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C. Department of Health and Human Services, Treasury Department, and Department of Labor begin
drafting and implementing regulations
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D. Potential for more changes in the law
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III. IMPORTANT CHANGES IN REQUIRED HEALTH INSURANCE COVERAGE OF CERTAIN EVENTS
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A. Adult children can stay on their parents’ policies until they are 26
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B. All new policies will be required to cover most preventive care
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C. Healthcare plans cannot deny coverage to dependent children of Plan participants because of pre-existing health
conditions
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D. The practice of dropping insured individuals when they become ill will be banned
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E. Healthcare Plans Can No longer Set Lifetime or Annual Caps on Benefits
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IV. SIGNIFICANT IMPACT OF NEW HEALTH INSURANCE LAW THAT DIRECTLY AFFECTS MOST EMPLOYERS
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A. Adds a new $2,000 per employee penalty on many businesses
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B. Will impact other current laws
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IV. CONCLUSION