We want to make our clients aware that, despite some criticism, the U.S. Department of Health and Human Services (HHS) is continuing to insist that
As explained in our May newsletter, President Obama signed the Patient Protection and Affordable Care Act (PPACA) into law on March 23, 2010, and signed the Health Care and Education Reconciliation Act of 2010, which made significant substantive changes to PPACA, into law on March 30, 2010.
Hogan Lovells US LLP's Executive Compensation, Employee Benefits and Share Incentives practice group is pleased to provide you with the following update, describing important regulations and other guidance issued recently by the Departments of Health and Human Services, Labor, and Treasury on the recently enacted health reform legislation.
By January 1, 2014, each state must establish an Exchange through which individuals and employers may purchase coverage under qualified health plans.
Many of the changes requiring plan amendments are grouped together as "insurance market reforms," and build on the "portability" provisions in the Health Insurance Portability and Accountability Act of 1986 (HIPAA), which were added to ERISA and the Code as well as the Public Health Services Act.
On February 4, 2009, President Obama signed into law the Children's Health Insurance Program Reauthorization Act of 2009 (the “CHIP Reauthorization Act”).