December 2013 Health Care ReformPosted 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.