Senate Approves Change to Definition of "Modified Adjusted Gross Income" Under ACA
Under the healthcare reform law, modified adjusted gross income will be used to determine financial eligibility for Medicaid and the State Children's Health Insurance Program beginning in 2014.
The House bill would reform the definition of modified adjusted gross income to include both taxable and nontaxable Social Security benefits. It would also repeal the 3 percent withholding provision on some payments made to government contractors.
The bill is largely expected to be signed by President Obama.
Related Articles on Healthcare Reform:
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.