Posts Tagged ‘coverage’
Health Care Reform, Part II: How Health Care Reform Will Impact Doing Business in the U.S. in 2014
April 12th, 2010 | 
Author: Guest Blogger: Stefanie R. McNamara, General Counsel at St. Peter’s University Hospital (formerly a Senior Associate with Norris McLaughlin & Marcus, P.A.)
After the initial reforms in the health care law go into effect later this year, the bulk of the reforms applicable to U.S. employers and insurance carriers will be effective in 2014. A few key provisions are detailed below:
- As of January 1, 2014, individuals must obtain minimum essential health care coverage for themselves and their dependents. Employee waiting periods for coverage may not exceed 90 days. U.S. employers with more than 50 employees must offer qualified coverage to all employees. An employer’s failure to do so will subject them to a $2,000 penalty per employee after the first 30 employees.
Posted in Executive Compensation & Employee Benefits, Health Care, Labor & Employment | 
Tags: coverage, deductibles, dependents, employee, employer, essential coverage, government sponsored plan, Health Care, insurance, penalty, pre-existing condition, premiums, preventive care, qualified coverage, reform | 
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Health Care Reform, Part I: How Health Care Reform Will Immediately Impact Doing Business in the U.S. (UPDATED)
Guest Blogger: Stefanie R. McNamara, General Counsel at St. Peter’s University Hospital (formerly a Senior Associate with Norris McLaughlin & Marcus, P.A.)
As health care reform is now the law of the land in the U.S., foreign entities who do business here in the U.S. need to know about a few aspects of the law that will immediately impact them. While the Senate is expected to further tweak the entire health care reform package that was passed by the House and signed into law by the President, there The following are a few key things that U.S. employers, together with their insurance carriers, must begin to address now.