Thursday, July 1st, was the first day for some of the major health reforms to take effect.
A new 10% excise tax on indoor tanning services went into effect. Indoor tanning salons are required to levy this “sin tax” on their customers.
The federal government started accepting applications for the new federal high risk pool, and they hope to begin coverage in August. Texas has opted out of administering another state run high risk pool and has chosen to let the federal government run the new high risk pool required by the recent healthcare reform legislation. In order to qualify for the federal health insurance, an applicant must have been denied coverage from a private insurer and uninsured for at least six months. The funding allocated for this high risk pool is supposed to last until 2014; however, the Centers for Medicare and Medicaid Services (CMS) and the Congressional Budget Office (CBO) estimate that it may run out by next year.
The federal government set up a new web portal, www.healthcare.gov, which is intended to help individuals and small businesses obtain information on health insurance options available to them.
The next wave of reforms will be coming at the end of September. Please feel free to contact us for more information.
Thursday, July 1st, was the first day for some of the major health reforms to take effect.
The next wave of reforms will be coming at the end of September. Please feel free to contact us for more information.