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We keep you informed of the most important changes:

 

The Patient Protection and Affordable Care Act of 2010 (Nicknamed Obama Care) and the Health Care and Education Reconciliation Act of 2010 include over $400 billion in revenue raisers to contribute toward the costs of medical insurance for all citizens.
The ACT mandates that all individuals have health coverage by 2014 or pay a penalty.  The penalty increases each year.  Additionally, some individuals will be able to receive tax credits to help with the costs of their individual plans.
For more information on the ACA go to www.IRS.gov

 

 

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