September 23rd is nearly upon us and for those of you who don't know what I'm talking about, you better start doing your research. When the Patient Protection & Affordable Care Act (PPACA) was signed into effect last March, there were several major milestone dates identified. One of which is 9/23/10. Health insurance coverage, as we know it, begins a tremendous transformation for those of you who have policy renewals on, or after that date. Just a few of the considerations you should be aware of are:


* Preventative Medical Care - Insurers will be required to cover charges for common preventative care services without charging co-pays. Some of the most common of which are immunizations and mammogram.

* Adult Child Coverage - Dependants up to age 26 can receive "dependant coverage" with all individual and group policies.

* Pre-Existing Conditions - Insurers can no longer exclude children with pre-existing conditions from insurance coverage.

* Lifetime Limits - Limits on how much your insurance coverage pays out to cover claims are no longer allowed.

As you can imagine, with a Senate Bill that was 2,562 pages long, there are a lot more issues to discuss. Reporting changes - changes to HSA, FSA, HRA, and MSA rules - multiple tax & tax credit considerations. The overall financial impact to employers has been estimated by some to be . . . Read more in the September issue of HR Pieces Newsletter at http://www.ueven.com/company/hr-pieces.aspx