Navigation Links
CCH Briefing Highlights Employer, Medicare Provisions of Health Care Reform Proposals
Date:3/22/2010

RIVERWOODS, Ill., March 22 /PRNewswire/ -- CCH has issued a Special Briefing (health.cch.com/pdf/congress-passes-health-reform.pdf) on the various employer and Medicare-related provisions of the Patient Protection and Affordable Care Act and the companion Health Care and Education Reconciliation Act in the House. Significant changes to the way employers provide health benefits to their employees – or choose not to provide them – will be in the offing. The legislation also makes major changes to Medicare and Medicaid, according to CCH, part of Wolters Kluwer Law & Business, a leading provider of research information and software solutions for legal, business compliance and human resources professionals (hr.cch.com). The stage is now set for Senate concurrence of budgetary changes in the law through a simple majority vote and signing by the president to wind up the long legislative path to health care reform.

The legislation includes a requirement that individuals be covered, and employers would be required to offer coverage that meets certain minimum standards or else contribute a dollar amount per employee – a "play or pay" approach. Credits will ease the financial burden on low-income individuals and small businesses.

Employers will also see measures aimed at making high-value medical plans more expensive through a tax on insurers, limitations on health savings accounts, reimbursement of health expenses under flexible spending arrangements and health reimbursement accounts.

"The legislation will affect every business in the country, whether it's currently providing coverage to its employees or not – and especially if it's not," said Stephen Huth, Managing Editor, Wolters Kluwer Law & Business. Huth is a regular contributor to the blog, Health Reform Talk. He tracks the employer-provided health coverage business on a daily basis and regularly answers questions on health benefits issues.

Medicare, Medicaid Affected

While the public debate on health care reform often has centered on the existing private health insurance market, much of the legislation is devoted to changes in Medicare and Medicaid.

"Medicare and Medicaid is seen as an area where savings can be – must be – made," said Jay Nawrocki, Senior Medicare Analyst with Wolters Kluwer Law & Business.  "The aim is to control costs of the programs themselves but also introduce efficient medical practices that will become the norm and will lower costs of the entire health care system."

Changes include reducing payments to Medicare Advantage providers, eliminating the "donut hole" in Part D drug coverage, incentives and procedures to reduce readmissions to hospitals and changes in reimbursement formulas to encourage greater use of primary care physicians, less use of specialists.

"It's likely that that even more changes for Medicare and Medicaid will be forthcoming once the legislation is adopted, because it gives the Secretary of Health Human Services broad authority to test new payment systems," Nawrocki observed.

For More Information

CCH analysts are available to discuss the tax, employee benefits and Medicare/Medicaid aspects of health care reform. Please contact: Neil Allen (847-267-2179 or neil.allen@wolterskluwer.com) or Brenda Au (847-267-2046 or brenda.au@wolterskluwer.com).

CCH's comprehensive book, Law, Explanation and Analysis of the Patient Protection and Affordable Care Act will go to press immediately following the final passage of the bill.  Single-copy price is $149.  For more information or to order, click here or call 1-800-248-3248.

For additional timely and expert discussion of health reform, visit Health Reform Talk, a blog to help professionals decipher the many codes and puzzles of health care reform. The blog, at http://healthcare-legislation.blogspot.com/, covers a wide range of health reform issues and draws on the expertise of Wolters Kluwer Law & Business analysts.

Wolters Kluwer Law & Business also publishes Health Care Reform Update NetNews, a free weekly newsletter delivered via e-mail. Click here to view an issue of the Health Care Reform Update NetNews.

About Wolters Kluwer Law & Business

Wolters Kluwer Law & Business is a leading provider of research products and software solutions in key specialty areas for legal and business professionals, as well as casebooks and study aids for law students. Its major product lines include Aspen Publishers, CCH, Kluwer Law International and Loislaw. Its markets include law firms, law schools, corporate counsel and professionals requiring legal and compliance information. Wolters Kluwer Law & Business, a unit of Wolters Kluwer, is based in New York City and Riverwoods, Ill.

Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer's leading, information-enabled tools and solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world. Wolters Kluwer has 2009 annual revenues of euro 3.4 billion, employs approximately 19,300 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

SOURCE CCH, a Wolters Kluwer business

Back to top

RELATED LINKS
http://www.wolterskluwer.com/WK/

'/>"/>

SOURCE CCH, a Wolters Kluwer business
Copyright©2010 PR Newswire.
All rights reserved

Related medicine news :

1. CCH Issues Briefing on Tax Provisions of Health Care Reform Legislation
2. FASEB President Addresses Congressional Audience at Coalition for Health Funding Briefing on Public Health
3. Increased Government Scrutiny of Companies That Use Independent Contractors, Consultants, or Freelancers: Are You Ready? Learn More at Complimentary Breakfast Briefing
4. Congressional Staff Briefing, Wed., Feb. 24 on Mental Health, Medicaid & Block Grants
5. NIH-FDA Joint Briefing on Regulatory Science Collaboration
6. National Press Club to Host NEWSMAKER Media Briefing on Cornhusker Kickback With South Carolina Attorney General Henry McMaster
7. Americans United for Life Offers Urgent Legal Briefing for Senator Nelson
8. CCH Updates Briefings on Tax Provisions of Estate Tax, Tax Extender, Health Care Reform Bills
9. Special Session Highlights Late-Breaking Abstracts
10. DUSA Pharmaceuticals, Inc.(R) to Host Fourth Quarter and Full Year 2009 Financial Results and Corporate Highlights Conference Call
11. New Lumension Webcast Highlights Key Steps to Prepare Healthcare Firms and Business Associates to Comply with New HITECH Act
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... 13, 2017 , ... Lori R. Somekh, founder of the Law Office ... of elder law and special needs planning attorneys. “Membership in ElderCounsel helps our office ... forum to network with elder law attorneys nationwide,” said Somekh. , ElderCounsel ...
(Date:10/13/2017)... ... 13, 2017 , ... The Visiting Nurse Association (VNA) of Somerset Hills is ... vendors and unique items from across the nation, this holiday-themed event will raise funds ... by the VNA. The boutique will be open Saturday, November 4 (10:00 a.m. ...
(Date:10/13/2017)... Texas (PRWEB) , ... October 13, 2017 , ... Yisrayl ... this week that explains one of the most popular and least understood books in ... like cryptic and puzzling descriptions that have baffled scholars for centuries. Many have tossed ...
(Date:10/13/2017)... ... 13, 2017 , ... “The Journey: From the Mountains to the Mission Field”: ... souls in the Philippines. “The Journey: From the Mountains to the Mission Field” is ... Bible. She has taught all ages and currently teaches a class of ladies at ...
(Date:10/12/2017)... San Francisco, CA (PRWEB) , ... October 12, ... ... and Dr. Cheng, are now treating sleep apnea using cutting-edge Oventus ... sleep apnea, a serious sleep disorder characterized by frequent cessation in breathing. Oral ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... 4, 2017 OBP Medical , ... medical devices, today announced regulatory approval from ... (or Agência Nacional de Vigilância Sanitária (ANVISA)) to ... surgical retractor with integrated LED light source and ... and exposure of a tissue pocket or cavity ...
(Date:10/2/2017)... The Rebound mobile app is poised to become ... tide of prescription drug addiction. The app empowers users to ... stepping down their dosage in a safe, controlled manner while ... the first 100,000 people to sign up will enjoy 3 ... ...
(Date:9/25/2017)... Sept. 25, 2017   Montrium , an ... solutions, today—from the IQPC Trial Master Files & ... NL)—announced that EastHORN Clinical Services has selected ... and TMF management. EastHORN, a leading European contract ... to increase transparency to enable greater collaboration with ...
Breaking Medicine Technology: