Calendar of effective dates of
Health Care Reform
Year of 2010
Small Employer Health Insurance Tax Credit (Initial phase)
Dependents coverage to age 26
No Lifetime caps on dollar value of Health Benefits
No Pre-existing condition exclusion for children
No rescissions unless fraud
Increase in exclusion for employer-provided adoption assistance
Reinsurance program for age 55 or older retiree Health coverage
Year of 2011
Grants available for small business wellness programs
Class programs automatic enrollment and voluntary payroll
Withholding
W-2 reporting of the value of employer sponsored Health Insurance
coverage
Restrictions on using funds in a health FSA, HRA, HSA or MSA for
over the counter Medicines
20% additional tax on HSA and MSA withdrawals not used for medical
expenses
Fee on branded prescription drug manufactures and importers
New simplified cafeteria Plan for small business
Watch for next informational report !!!
Our next bulletin will cover the years of 2012, 2013, 2014
