Category Archive: Health Care Bill

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Health Care Bill – Tax Consequences For Individual Tax Payers

With the passing of the recent Health Care Bill, we at Soulence wanted to know how it would affect our clients as well as how it would affect the individual tax payer. Here is some information we feel is very important for you to understand as a taxpayer. We don’t mean for this to be any kind of political statement or propaganda, but are merely trying to share this important information with you, so you can be prepared for your financial future. (more…)

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What Does the New Health Care Bill Mean For Medicare?

President Obama got his wish last night as the House of Representatives passed his new health care bill with a vote of 219-212. The bill is being sent to the White House to be signed into law by Obama on Tuesday.

Here is a summary of the 10 major points of the health care bill and how Medicare recipients will be affected by it. These major points are covering the immediate effects the health care bill will have on Americans. Many other points of the bill will not surface until 2014. (more…)

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What Does the Health Care Bill Mean for Doctors?

Commonly known as “ObamaCare,” the United States is about to undergo a major health care overhaul in the coming 2012. Officially known as the Patient Protection and Affordable Care Act (PPACA), the majority of this legislation was given almost a two year implementation period, but we are now nearing the point where its implementation is inevitable. The most controversial aspect of this legislation is a provision that requires all Americans to have health insurance. This was viewed as a necessity by health insurance companies who claim that they need a full network to cover for the costs associated with accepting people with preexisting conditions and other aspects of PPACA. As such, most of the changes associated with ObamaCare have been directed from patient or insurer perspective. (more…)

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