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Academy Activities
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With the enactment of health care reform legislation, the Academy is turning its focus to the regulatory phase. The Health Practice Council has begun creating volunteer subgroups to analyze and provide comment on a variety of the new laws’ provisions that go into effect in 2010. Some of the more immediate projects are related to medical loss ratio reporting and rebates, benefit and eligibility changes, grandfathering provisions, the national high-risk pool, and the new premium review process.
As the pace of reform developments slows and the regulatory process begins, Health Check will move to biweekly publication beginning this month. The next issue will be published Friday, April 16.
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Legislative Updates
President Obama signed the Health Care and Education Reconciliation Act (P.L. 111-152) into law on March 30. The companion legislation made adjustments to the Patient Protection and Affordable Care Act (P.L. 111-148), which the president signed into law on March 23.
In addition to the federal government now becoming the sole originator of student loans for postsecondary education, the Health Care and Education Reconciliation Act will, among other things:
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Delay the effective date of the 40 percent excise tax on high-cost employer health plans to 2018 and modify the threshold amounts that trigger the tax to $10,200 for individuals and $27,500 for families
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Modify the penalties for individuals and families for non-compliance with the individual mandate
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Modify the assessments imposed on employers that do not provide the required minimum amount of coverage for their employees
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Reduce the benchmarks for Medicare Advantage plans relative to current levels
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In the News
The New York Times‘ Economix blog cited and linked to the Academy Critical Issues in Health Reform paper, Gender Consideration in the Voluntary Individual Health Insurance Market on March 30. The Academy wrote that before age 50, women “generally incur higher medical spending than men, even excluding the costs of normal maternity care. This difference in spending translates to higher health insurance premiums on average for women.”
News links are to external websites. The Academy is not responsible for the content of these websites.
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