ObamaCare
what it does so far, "by open enrollment time late in 2010":
*You may cover your children on your plan even when they are getting a bit long in the tooth for that. Up to age 26.
*There are now no lifetime limits: your insurance company can't cut you off.
*Flexible Spending Accounts can't be used for 'over the counter'.
*If you have a Health Savings Account, and cheat on its use, penalties are higher.
*Employers have to report what is an employee's health plan, presumably that can be "none". That's it, just report.
Correct me on any errors.
Starting 2013 I believe, it may amount to more than that. Skeptics expect anything controversial to get pushed further into the future, so that Political Football you can expect to be kicked around again.
LINK
Quote: odiousgambitSummary for the article below:
what it does so far, "by open enrollment time late in 2010":
*You may cover your children on your plan even when they are getting a bit long in the tooth for that. Up to age 26.
*There are now no lifetime limits: your insurance company can't cut you off.
*Flexible Spending Accounts can't be used for 'over the counter'.
*If you have a Health Savings Account, and cheat on its use, penalties are higher.
*Employers have to report what is an employee's health plan, presumably that can be "none". That's it, just report.
Correct me on any errors.
Starting 2013 I believe, it may amount to more than that. Skeptics expect anything controversial to get pushed further into the future, so that Political Football you can expect to be kicked around again.
LINK
On your last point, i think you meant to say that employer's have to report the total COST of the employee's health plan on their W-2. The assumption is that a lot of people are clueless as to how much their health insurance really costs, as they only see their share of it, which is typically 25% or less.
