“Health Care Reform” April 28, 2010 (Seminar presented by FordHarrison)
This seminar included aspects of the new “Health Care Reform Act” for employers.
Some information I obtained which I felt was important is:
-Many important decisions are to be made “by the Secretary”, so many decisions aren’t even made yet.
-Implementation will actually be by the Department of Labor, IRS and HHS.
-Provided details of the Law concerning timetables for the new law.
-Learned the a “long term care” plan which will be available to all personnel with a 5 year period before claims can be filed.
-Learned details of the new such as requiring no deductibles/copays for may treatments and for child medical (dental/vision?) care. Age to be established “by the secretary”.
-Learned several details which will be valuable to some city personnel concerning coverage for children etc.
-Learned Medical Reinbursements for over-the-counter medicines is being eliminated and limits reduced to $2,500 (costing employees who have large expenses)
-New taxes to pay for health reform.
The presenters also emphasized that there will be changes before many of the new changes become effective.
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