Wednesday, August 28, 2013

ObamaCare Implementation Dates

Now this is not the end. It is not even the beginning of the end.  But it is, perhaps, the end of the beginning.

Winston Churchill (1874-1965), Speech in London, 1942
09/09 - Insurers agree upon exchange participation agreements with HHS.

09/30 - Obama's Office of Personnel Management (OPM) to rule on whether Members of Congress, under ObamaCare, retain their subsidies.

10/01 - Exchanges begin enrolling individuals.

10/01 - Fiscal year ends: ObamaCare defunding fight expected.

10/01 -U.S. Treasury finds it has insufficient funds to pay bondholders on time.

01/14- Full implementation begins.
  • Individual mandate takes effect.
  • Employer mandate delayed until 2015.
  • Income verification checks suspended.
  • Guaranteed issue mandate takes effect.
  • Community rating mandate takes effect.
  • Minimum essential coverage rules take effect.
  • Actuarial value mandate takes effect.
  • Ban on annual limits takes effect.
  • Health insurance deductible limits mandate takes effect.
  • Maximum out-of-pocket limit mandate takes effect.
  • Medicare Advantage medical loss ratio (MLR) price control takes effect.
  • Medicaid expansion takes effect [note: made optional for states by the Supreme Court]
  • Health insurance tax takes effect.
  • Temporary Pre-Existing Condition Insurance Plan (PCIP) expires.
  • Temporary reinsurance program for retiree coverage expires.
04/01 - Obama's goal: 7 million enrollees, including 2.7 million adults under 35.
11/04 Midterm elections.  All 435 House of Representive seats and 33 of 100 Senate seats to be contested.

Tweet;:Target dates for Obamacare implementation are 9/30/13, 10/1/13, 1/1/14, and 4/1/14. By these dates, we should know fate and path  of Obamacare.

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