Health Care Alert: Navigating Health Care Reform (April 2, 2010)
April 02, 2010
Understanding Health Care Reform - An Initial Guide For Employers
On March 23, 2010, President Obama signed the historic Patient Protection and Affordable Care Act (the "Act"). Together with the Health Care and Education Reconciliation Act of 2010, which was signed into law on March 30, 2010, the Act will reshape the United States health care system.
A few significant changes will become effective immediately or over the course of the next few months. For example, for plan years beginning on or after September 23, 2010, employer sponsored plans may no longer impose lifetime benefit caps (restricted annual caps are allowed). Pre-existing condition exclusions for children up to age 18 also are prohibited.
Read the full alert.
©2023 Snell & Wilmer L.L.P. All rights reserved. The purpose of this publication is to provide readers with information on current topics of general interest and nothing herein shall be construed to create, offer, or memorialize the existence of an attorney-client relationship. The content should not be considered legal advice or opinion, because it may not apply to the specific facts of a particular matter. As guidance in areas is constantly changing and evolving, you should consider checking for updated guidance, or consult with legal counsel, before making any decisions.