The Tax Consequences of Health Care Reform: What Individuals and Businesses Need to Know Now
05/17/2010
The Tax Consequences of Health Care Reform: What Individuals and Businesses Need to Know Now
Health Care Tax Alert | May 2010
On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act of 2010 into law. Together with the Health Care and Education Reconciliation Act of 2010 (collectively, the “Acts”), signed March 30, 2010, the Acts represent a massive overhaul of the United States’ health care system. While the centerpiece of these reforms is the mandate for most residents to obtain health insurance, changes to the United States’ federal tax laws constitute a significant part of health care reform.
