December 2013 Health Care Reform

December 2013 Health Care Reform

by clarkebenefits_admin Posted on: December 10, 2013Categories: HR & Compliance   

Prior to the Affordable Care Act (ACA) becoming law, it was common practice for insurance companies to vary the price of premiums based on things like health status, demographics, industry and the amount of time someone has been on a plan. While those practices are currently still in effect, they will be banned for some plans starting Jan. 1, 2014

In addition to premiums rising, there will be additional tax provisions. Click the links below to see full legislative briefs on both premium cost and tax provisions.

 

Additional Resources:

• Factors that Affect Premium Cost
• Taxes & Fees Overview