Affordable Care Act
AMA House of Delegates rejects ICD-10 report
Modern Healthcare Breaking News wrote an interesting post today on
Here’s a quick excerpt
An American Medical Association board of trustees report that recommended against a strategy of bypassing the ICD-10 set of diagnostic and procedural codes and skipping straight to ICD-11 was rejected by the AMA House of Delegates on Wednesday…
Read the rest of this great post here
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Small Business
Timeline to SHOP Exhanges in Health Care Reform»By: B. Smith, Aug, 4, 2010
The recent health care reform legislation creates a business Shop Exchange for small to medium sized companies to competitively bid for health care coverage. It also includes new health care tax credits for small businesses that provide health insurance to their employees.
Here are some highlights of the changes that are coming in the next few years:
2011
Penalties for using Flexible Spending Accounts incorrectly will increase from 10 percent to 20 percent.
2013
Earned Income Medicare tax will increase from 1.45 percent to 2.35 percent in 2013 on individuals earning over $200,000 or couples over $250,000.
