Enhanced Access to Insurance
New and renewing plans may no longer have Pre-Existing Conditions limitations for children under 19.
Small Business Tax Credit
A tax credit up to 35 percent is allowed on an employer’s contribution providing health insurance for employees. A credit of up to 25 percent is available for small non-profit organizations.
Prohibits abusive practices whereby health plans rescind existing health insurance policies when a person gets sick as a way of avoiding covering the costs of enrollees’ health care needs.
Elimination of Lifetime Limits and Restricting Use of Annual Limits
Health plans will no longer have annual or lifetime limits on coverage for all employer plans and for new plans in the individual market.
First Dollar Coverage for Preventive Health Services
All health plans will be required to provide first dollar coverage for Preventative Care Services, such as immunizations, Screenings and routine care for adults and children.
Dependent Coverage Extended to Age 26
Requires that all plans in the individual market and employer plans include dependent coverage, for young adults to age 26
Improving Consumer Information through the Web
Requires the Secretary of Health and Human Services (HHS) to establish a website for people to search for health insurance coverage options, in their home state.
Rebates for the Part D “Donut Hole”
A $250 rebate is available for Medicare Part D enrollees, eliminating the coverage gap that occurs between $2,700 and $6,154 in total drug costs.
Expanded Adoption Credit and Adoption Assistance Program
Provides adoption assistance exclusion by $1,000.
Low Interest Loans Encourage Students to Pursue Health Care Careers
Expands programs, scholarships and loan repayment options for health students and professionals.
A 10 percent tax is levied on indoor tanning services.