Posted on September 16, 2010 19:15
Categories: Legislative and Regulatory Issues | Employer and Individual Insurance
Topics: Employer-Sponsored Coverage | Health Care Reform
Milliman Inc. released a brief examining the impact of the national health care reform law on employer-sponsored health coverage. The report outlines the measures of the law that affect employer-sponsored coverage and explains how they will affect costs and coverage plans for employers.
From the report: Under the new health reform law, the Patient Protection and Affordable Care Act (PPACA) as amended by the Health Care and Education Reconciliation Act (HCERA), employers will soon have to make changes to their health plans that may well have financial implications. The following provisions become effective for health plans renewing on or after September 23, 2010: 1) elimination of lifetime maximums and restriction of annual maximums; 2) coverage of dependents to age 26; 3) full coverage of specified preventive benefits; and 4) elimination of preexisting condition exclusions for children under 19 years of age.
Full report: Benefits Perspectives, Spring 2010 - Financial
implications of health reform (PDF | 1.33MB)
Milliman Inc. (2010). Benefits perspectives, spring 2010 - financial implications of health reform.
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