Over the next two weeks, we will be reviewing the Health Care Reform Timeline (from 2010-2020) in detail. On Friday, we reviewed 2013. Today, we continue with 2014
Health Care Reform Timeline - 2014
New Programs in 2014
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New tax requiring U.S. citizens to have qualifying health coverage takes effect.
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New tax requiring certain large employers to provide health coverage takes effect.
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Medicaid expansion to individuals not eligible for Medicare with incomes up to 133% FPL takes effect.
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New premium tax subsidies for families with incomes between 133-400% of the federal poverty level take effect.
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New cost-sharing tax subsidies for families with incomes up to 250% of the federal poverty level take effect.
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New temporary reinsurance program takes effect.
Insurance Reforms in 2014
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New state-based American Health Benefit Exchanges and Small Business Health Options Program (SHOP) Exchanges take effect.
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New guaranteed issue rules with uniform insurance rating requirement take effect.
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New guaranteed renewability requirement takes effect.
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Full abolition of annual limits on essential health benefits takes effect.
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Prohibition of waiting periods greater than 90 days takes effect.
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Prohibition of pre-existing condition exclusions takes effect.
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New essential health benefits package limiting annual cost-sharing to the Health Savings Account limits takes effect.
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Minimum medical loss ratio of 85 percent requirement for Medicare Advantage plans takes effect.
