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Affordable Care Act: Upcoming Changes for 2013

Not too long ago, the Supreme Court ruled that the Patient Protection and Affordable Care Act (PPACA) [3] was a tax, and therefore constitutional. One one part of the law was deemed unconstitutional and struck down. For consumers, that means that the changes already implemented since the 2010 act was passed will remain in place. Because the PPACA includes milestones, and different provisions take place at different times, new changes will be coming for 2013.

As you prepare for the coming year, and evaluate your health care coverage [4] going forward, here are some things to think about:

Your Health Care

Many of the provisions of the new health care act have already been in place, some of them since 2010. Additionally, other provisions will be coming online in the next few years. For 2013, the changes to health care coverage include:

These items follow such addressing overpayments to insurance companies, improving access to community care clinics, extending coverage for young adults, getting rid of lifetime caps on coverage, and getting rid of the ability to deny children coverage due to pre-existing conditions, among other provisions.

Taxes and the PPACA

Of course, these changes have to be paid for. There are some tax changes coming in the next few years. Here are the tax changes to expect in 2013 (the individual mandate doesn’t take effect until 2014):

There will also be penalties for companies of a certain size who don’t provide coverage to employees.

You need to figure out how you are likely to be affected, and plan accordingly.

(Photo: diekatrin [6])