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Purpose of Reform
The overall intended purpose of the PPACA is to improve the U.S. health care system by expanding coverage, improving quality of care, reforming government programs, reducing costs, increasing focus on wellness/prevention and reforming the payment and delivery systems. The purpose of the PPACA and the reality of how it will impact care and [...]
Elimination of Co-Payments for Screenings and Preventive Care
Starting in September of 2010, employer-sponsored (and other) group health plans and Texas health insurance issuers are prohibited from requiring co-pays for all preventive services recommended by an independent expert panel, the United States Preventive Services Task Force. Co-pays are also eliminated for certain recommended immunizations, breast cancer screenings [...]
· The HDHP generally costs less than traditional health care coverage. Money saved on the insurance premium can be put into the HSA. - Texas Health Insurance
· Contributions to your HSA are tax deductible. IRS guidelines in 2010 & 2011 allow max contributions up to $3050 for individuals and $6150 for a family plan. If [...]
Texas Health Insurance - Here is an overview of how the new legislation will affect health savings accounts in the future.
Does the new law eliminate HSA’s?
No, HSA’s will not be eliminated with the new law and you can continue to use your HSA like you have until the end of 2010. Texas Individual Health Insurance
What [...]
Texas Health Insurance - The Legislature has until the end of the month to pass or reject several key health bills, making this week a turning point for some reforms related to the new federal health law.
Among the measures heading for a final floor vote are bills that would regulate health insurance rates and set [...]
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