DiagnoSing The DeTailS
Taking the Pulse of the Patient Protection and Affordable care Act
President Obama signed the Patient Protection and Affordable Care Act, H.R. 3590, on March 23, 2010, and the Health Care Reconciliation Act, H.R. 4872, on March 30. Upon enactment, the two laws represented the largest overhaul of the U.S. health care system in over 40 years. Employers can expect to face a number of shifting requirements over the next 10 years. While the legislation is quite complex and some details are still being parsed out, AAIA has laid out some of the key provisions that may affect member companies of the association.
While the legislation is quite complex and some details are still being parsed out, aaia has laid out some of the key provisions that may affect member companies of the association.
• Company size - Only firms with 10 or fewer employees would be able to Some employers will be eligible to qualify for the full credit. The credit receive a temporary small business tax is reduced for companies with up credit. The structure of the tax credit is to 25 employees and not available based on a number of factors including: to companies with more than 25 employees.
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18 | AFTERMARKET INSIDER | VOLUME 66
Table of Contents for the Digital Edition of Aftermarket Insider Issue 66