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Benefits Managers Eye Impact of Health Insurance Reforms
Workforce Management
Mar. 31, 2010
Excerpt: Among provisions generating the greatest concern are extending coverage to employees' adult children until age 26 and to part-time employees who work at least 30 hours per week; eliminating annual or lifetime benefit limits and providing 100 percent coverage for certain wellness and preventive health care services; a cap on contributions to flexible spending accounts and a ban on the use of those funds to pay for over-the-counter drugs; reducing the value of federal subsidies paid to employers that provide prescription drug coverage to Medicare-eligible retirees; and the fact that neither H.R. 3590, the Patient Protection and Affordable Care Act, nor H.R. 4872, the Health Care and Education Affordability Reconciliation Act of 2010, goes far enough to reduce the cost of the health care delivery system.
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