Checking the Factbox: Reviewing the Basic Provisions and Timeline for Health Law

Don't Leave Money on the Table!

There's a lot of discussion about how and when the health law is going to be taking effect.  If you missed it, it's already started to roll out.  And if your business is not getting on track wtih what tax subsidies and provisions there are that have ALREADY kicked in, you could be leaving MILLIONS of dollars on the table! 

According to a January 4th article put out by Reuters, "Here are some of the law's major provisions and when they were implemented or are set to take effect:

2010:

• Several consumer protection rules took effect in September, including allowing children to stay on their parents' health insurance plan until age 26, banning lifetime coverage limits and ending denial of coverage for children because of pre-existing health conditions.
   
• A temporary insurance program was created to help provide coverage to "high risk" patients with pre-existing conditions.
   
• A phase-in of tax credits began for certain small businesses that provide health insurance to workers."

And even more provisions kick in during 2011!  For a full list of what is coming up and what you need to know at a glance,click here to download this Provisions Timetable.