Has anybody reviewed the impact the Health Care Bill would have on families with our special needs? These are the points that concern me the most:
- Starting six months after enactment, requires all health insurance plans to maintain dependent coverage for children until they
turn 26; prohibits insurers from denying coverage to children because
of pre-existing health
this is required, would a disabled child/adult be better off with parents'
insurance or their own?)
- Limits medical expense contributions to tax-sheltered flexible spending
accounts (FSAs) to $2,500 a year, indexed for inflation. Raises
threshold for claiming itemized tax deduction for medical expenses from
7.5 percent of income to 10 percent. People over 65 can still deduct
medical expenses above 7.5 percent of income through 2016.
would be VERY bad for folks who in the gap between having enough money
to cover medical expenses and not being able to afford any.)
- Penalizes employers with more than 50 workers if any of their workers get
coverage through the exchange and receive a tax credit. The penalty is
$2,000 times the total number of workers employed at the company.
However, employers get to deduct the first 30 workers.
- Imposes a tax on employer-sponsored health insurance worth more than $10,200
for individual coverage, $27,500 for a family plan. The tax is 40
percent of the value of the plan above the thresholds, indexed for
I don't understand how the three penalties above are a value add? Disabled folks need the most medical devices and if they are one of the major the populations to protect, this is awful!
- Imposes a 2.3 percent sales tax on medical devices. Eyeglasses, contact lenses,
hearing aids and many everyday items bought at the drug store are