Posted May 2010
Immediate Effects of Obama’s Health Care Reform
Posted by smickelb under none
KEY PROVISIONS that take effect immediately under Senate Bill as amended by Reconciliation Bill:
1. SMALL BUSINESS TAX CREDITS. Offers tax credits to small businesses to make employee coverage more affordable. Tax credits of up to 35 percent of premiums will be immediately available to firms that choose to offer coverage. Effective beginning for calendar year 2010. (Beginning in 2014, the small business tax credits will cover 50 percent of premiums.)
2. BEGINS TO CLOSE MEDICARE PART D DONUT HOLE. Provides a $250 rebate to Medicare (more…)


