What key healthcare type things will become effective right away?

[babsbunny]

It seems there was a post here that mentioned some things in the healthcare bill that will become effective right away. One of those things was that our children up to age 26? will still be covered by their parents insurance?

[atomicweeder]

1. You might immediately pay more taxes

Most of the health care plan does not start for awhile -- but taxes start in January!!

If you have a Flexible Spending Account (aka "cafeteria plan") and some of you do (including Federal employees), you just got screwed last night.

Under current law, FSA's are tax-exempt. So if your employer gives you $8,000 a year to spend on family health care, it's all tax-free.

Under HR 3962, passed last night, only the first $2,500 is tax-free. (See Section 532 on page 325). So now you will have to pay Federal, and maybe state and county income tax on the remaining $5,500. In a 20% tax bracket, that's $1,100 in Federal per year.

This is for real. I had three separate conversations last night with aides to Congressman Gerry Connolly. The aides said that he was aware of it, and concerned about it, but it wouldn't stop him from voting yes.

Bottom line: you get to keep your plan, and keep your doctors, and pay a lot more tax.

[Phoebe Loosinhouse]

2. Here's the list.

http://edlabor.house.gov/documents/111/pdf/publications/AHCAA-Immediately-102909.pdf

There's a lot of good stuff on it that will help lots of people right away.

[babsbunny]

3. That's it!

Thanks You!!!!!!!

[happy2bhere]

4. What about poor people with no health care

when will subsidized health insurance kick in?

Sorry if I am clueless about this, have not been following it as closely as everyone here.