[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.rizklaw.com\/blog\/how-the-affordable-care-act-is-being-implemented\/#BlogPosting","mainEntityOfPage":"https:\/\/www.rizklaw.com\/blog\/how-the-affordable-care-act-is-being-implemented\/","headline":"How the Affordable Care Act is Being Implemented","name":"How the Affordable Care Act is Being Implemented","description":"Many people have questions about the new health care law and how it will affect their lives. What many people don\u2019t know is that the Affordable Care Act doesn\u2019t take effect all at once. It\u2019s an 11-year plan that has different elements that activate each year to give businesses and individuals time to adjust to...","datePublished":"2014-02-11","dateModified":"2024-05-23","author":{"@type":"Person","@id":"https:\/\/www.rizklaw.com\/blog\/author\/rizklaw\/#Person","name":"Rizk Law","url":"https:\/\/www.rizklaw.com\/blog\/author\/rizklaw\/","identifier":9,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/10e23ce5e6c4dadb4589cd8edf2c3f59ac356a6e876c3656917777913d9c3bc1?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/10e23ce5e6c4dadb4589cd8edf2c3f59ac356a6e876c3656917777913d9c3bc1?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Rizk Law","logo":{"@type":"ImageObject","@id":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/rizk-law-logo-footer.jpg","url":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/rizk-law-logo-footer.jpg","width":278,"height":65}},"image":{"@type":"ImageObject","@id":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/Richard-Rizk-headshot.jpg","url":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/Richard-Rizk-headshot.jpg","width":383,"height":427},"url":"https:\/\/www.rizklaw.com\/blog\/how-the-affordable-care-act-is-being-implemented\/","about":["Consumer Alerts"],"wordCount":327,"articleBody":"Many people have questions about the new health care law and how it will affect their lives. What many people don\u2019t know is that the Affordable Care Act doesn\u2019t take effect all at once. It\u2019s an 11-year plan that has different elements that activate each year to give businesses and individuals time to adjust to all the new provisions.So which aspects of the\u00a0new healthcare law\u00a0have already gone into effect? Starting in 2010, adults up to age 26 were allowed to stay on their parent\u2019s health plans, tanning services got taxed at 10 percent, the Medicare Part D donut-hole gap on prescription coverage was closed, and plan sponsors began being reimbursed for claims from pre-Medicare retirees.In 2011, an annual fee for pharmaceutical companies, a tax credit for businesses with fewer than 25 employees, and the long-term insurance program began. Then in 2012, the exchanges were set up, Medicare began an experiment in cost cutting, and Medicare began reducing reimbursement to hospitals with too many preventable re-admissions.This year, the Affordable Healthcare Act brought standardized insurance forms, new limits on flexible spending accounts, a new 3.8 percent tax on investments to help bring money in to fund the program.Next year more changes are set to take effect, including:Insurance companies can no longer deny coverage based on claims for medical conditionsInsurance premiums can only vary by age, tobacco use, home, and family sizeTax credits for insurance bought on the exchanges go into effectEmployer-sponsored plans have to meet the same criteria as the \u201cqualified health plans\u201d on the exchangeMedicaid expanded to cover 133 percent of povertyChildless adults can qualify for MedicaidFine for not having health insurance goes into effect, starting at $95 per personEmployers with more than 50 employees penalized if workers buy through the exchange.If you questions about personal injury claims or insurance coverage, contact Portland personal injury attorney Richard Rizk by emailing rich@rizklaw.com, calling\u00a0503.245.5677, or visiting\u00a0www.rizklaw.com."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.rizklaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"How the Affordable Care Act is Being Implemented","item":"https:\/\/www.rizklaw.com\/blog\/how-the-affordable-care-act-is-being-implemented\/#breadcrumbitem"}]}]