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House Passes Health Care Reform H.R. 3590 Patient Protection and Affordable Care Act

As you’ve no doubt heard, last night the House of Representatives passed H.R. 3590 Patient Protection and Affordable Care Act [3] in a vote of 219-212. 3590 then heads to President Obama’s desk for his signature into law. The House also passed HR 4872 Reconciliation Act of 2010, which now heads to the Senate for a vote, needing only a simple majority. Regardless of how you feel about health care reform in general and the bill specifically, it’s important to understand what’s inside because it will affect you and your family.

Fortunately, we can rely on a straightforward recap by Reuters plus a few details from the Tax Foundation. There will be no commentary on my part to get in the way of the facts, just what’s in the bill if it’s signed by law.

Retroactive

Changes within the first year

Many of these take effect six months after the bill is signed into law.

Changes for 2011

Changes for 2012

Changes for 2013

Changes for 2014

Changes for 2015

Changes for 2018

If you want to read the entire bill, it’s available here [4] from the Library of Congress.

US healthcare bill would provide immediate benefits [5] [Reuters]
Timeline of Tax Provisions in the House Health Care Bill [6] [Tax Foundation]