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 newly signed bill now reforms the definition of modified adjusted gross income to include both taxable and nontaxable Social Security benefits. It also repeals the 3 percent withholding provision on some payments made to government contractors.
The legislation garnered support from both parties in the House as well as the Senate.
Related Articles on Healthcare Reform:
Supercommittee Expected to Maintain Healthcare Reform Funding
89% of Surveyed Healthcare Leaders Support Continued Implementation of Reform Law
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit