03.31.2010 Understanding Health Care Reform - Employer Alert
03.31.2010President Obama signed into law the Patient Protection and Affordable Care Act (the “Act”) on March 23, 2010. The historic legislation will require significant changes to employer-sponsored group health plans. Over the next four years, plan sponsors will need to change administrative practices, comply with new reporting requirements, change coverage, and amend plan documents and summary plan descriptions.
Click the link below to read highlights of the legislation for employers. This summary reflects amendments made to the Act by the Health Care and Education Affordability Reconciliation Act of 2010.