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For employer-sponsored plans, a $2,000 maximum annual deductible is established for any plan covering a single individual or a $4,000 maximum annual deductible for any other plan (see 111HR3590ENR, section 1302). These limits can be increased under rules set in section 1302. This provision was repealed on April 1, 2014 [118]
H.R. 3590, Patient Protection and Affordable Care Act, "Senate Bill" Financing Places a 5.4% surtax on incomes over $500,000 for individuals and $1,000,000 for families. [123] Increases the Medicare payroll tax from 1.45% to 2.35% on incomes over $200,000 for individuals and $250,000 for families. [123] Abortion
According to 2009 World Bank statistics, the U.S. had the highest health care costs relative to the size of the economy (GDP) in the world, even though estimated 50 million citizens (approximately 16% of the September 2011 estimated population of 312 million) lacked insurance. [24]
Californians have various Medicare coverage options, including Original Medicare, Medicare Advantage, and Medicare Part D. Medicare plans in California follow all federal guidelines for healthcare ...
The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and informally as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
In 2012—before the Affordable Care Act took effect—34% of people whose incomes would have put them on the Cliff reported their health as fair or poor. By 2018, after the Medicare Cliff ...
Under the Harris plan, Medicare would be required to cover the costs of long-term care offered in a family’s domestic setting; it would also add vision and hearing benefits for seniors ...
On July 19, 2011, the Republican-led House passed a bill, the Cut, Cap and Balance Act, by a margin of 234–190 which would require $111 billion in cuts in 2012 spending levels, exempting defense, Medicare, and Social Security from these cuts, and would limit subsequent federal spending to about 20% of the gross national product as compared to ...