Healthcare

New Round of Medicare Part D Donut Hole Rebates

| Posted in Blog

Medicare Beneficiaries Whose High Prescription Drug Costs Have Put Them in the Medicare Part D Donut Hole to  Receive $250 Rebate Checks as a Result of the Affordable Care Act  The next round of more than 300,000 eligible seniors who have entered the Medicare Part D “donut hole” this year have been mailed their tax-free, one time rebate check for $250. These one-time rebate checks are…

Georgia Pre-Existing Condition Insurance Plan Now Available

| Posted in Press Releases

Today, eligible residents of Georgia will be able to apply for coverage through the state’s Pre-Existing Condition Insurance Plan program run by the U.S. Department of Health and Human Services.  The Pre-Existing Condition Insurance Plan was created by the Affordable Health Care Act to make health insurance available to those who have had a problem getting insurance due to a pre-existing…

New Prescription Drug Assistance for Seniors

| Posted in Press Releases

As part of the Affordable Care Act, many Medicare recipients across the country will begin receiving assistance to help pay for their prescription drug costs.  Beginning June 10, 2010, the Department of Health and Human Services (HHS) will begin distributing a one-time tax -free $250 rebate check to those seniors who reach the coverage gap. "During these tough economic times I’ve…

Small Biomedical Firms are Eligible for Therapeutic Discovery Credit

| Posted in Blog

The Affordable Care Act created  a new tax credit for biotechnology research, which will grow jobs, save lives, and bring down health care costs. As part of the review process for research projects, the Department of Health and Human Services (HHS) will evaluate each project for its potential to produce new therapies, address unmet medical needs, reduce health care costs or advance the…

Parents can start adding children under 27 to insurance

| Posted in Blog

The Patient Protection and Affordable Care Act provides that health coverage under an employee's children under 27 years of age is now generally tax-free to the employee, effective March 30, 2010.    This expanded health care tax benefit applies to various workplace and retiree health plans. It also applies to self-employed individuals who qualify for the self-employed health insurance…

Georgia Small Businesses to be Notified of Health Reform Tax Cuts

| Posted in Press Releases

WASHINGTON, DC -- Georgia small businesses will receive a bit of good news in their mailboxes.  Companies eligible for new health reform tax credits will be getting a postcard explaining the credits and encouraging them to take advantage of the tax cut.   “This is the biggest health care tax cut in history,” Congressman Scott said. “Georgia small businesses should to know how to start…

Assistance for Small Business

| Posted in Blog

The facts about small businesses and health care reform: ·         Health care reform will help small businesses obtain health insurance. It allows small businesses with 100 employees or less to pool their risk and benefit from group rates and a greater choice of insurers. ·         Reform means tax credits for small businesses. Small businesses with 25 employees or less and average…

Health Care Provisions that Take Effect Now

| Posted in Articles

Below are some of the key provisions that will take effect immediately.  You may also want to view this interactive summary: http://majorityleader.gov/HCRFirstYear/ 1.      SMALL BUSINESS TAX CREDITS—Offers tax credits to small businesses to make employee coverage more affordable.    Tax credits of up to 35 percent of premiums will be immediately available to firms that choose to offer…

Myths About Efforts to Improve Health Insurance

| Posted in Blog

Several myths about efforts to improve health insurance for Americans.  Five of those myths are addressed here. Answers to common questions can be found here: http://www.healthreform.gov/about/answers.html MYTH #1: Health insurance reform is a “government takeover.” FACT:  Health insurance improvement legislation expands private health insurance in America, and is based on increasing…

Empowering the Consumer to Shop for Insurance

| Posted in Blog

The health insurance reform bill offers tax credits on premiums and provides families and small businesses with the largest tax cut for health care in history.  Health insurance reform will create a new Health Insurance Exchange for individuals and employees of small businesses to allow them to comparison shop for coverage. This Exchange will empower consumer's health insurance…