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Effective immediately, qualifying small businesses can receive a credit of up to 35% until 2014. At that point qualifying businesses can receive a credit up to 50%.
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Period: to
Operation: Health Reform Implementation
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Uninsured Americans with pre-x conditions will be able to obtain coverage in a new national pool.
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Effective 6 months after enactment, young people under age 26, claimed as dependents , can remain covered under their parent's plan.
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Insurance companies can't drop coverage for individuals when they get sick. Also, no lifetime limits on group plans or annual limits on individual plans can be imposed.
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80% of every insurance premium dollar collected by insurance companies must go toward medical expenses.
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Sometime this year, Medicare beneficiaries would be eligible for 50% discount on brand name prescriptions in the donut hole.
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Tax credits towards insurance premiums and health care costs available to eligible individuals. All Americans required to obtain coverage.
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New state based exchanges will offer individuals easy to understand quality low cost standardized health insurance plans.
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Beginning this year, insurance companies can't discriminate or refuse coverage based on an individual's health status or gender. Rates can only vary 3:1 based on age, geographic area, and whether or not you're a smoker.
